Question: If D 1 = $1.08, g (which is constant) = 6.8%, and P 0 = $20.00, then what is the stocks expected dividend yield for

If D1 = $1.08, g (which is constant) = 6.8%, and P0 = $20.00, then what is the stocks expected dividend yield for the coming year?

a. 4.26%

b. 5.68%

c. 5.40%

d. 6.08%

e. 6.25%

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