Question: If D 1 = $1.25, g (which is constant) = 4.7%, and P 0 = $60, what is the stock's expected dividend yield for the

If D1 = $1.25, g (which is constant) = 4.7%, and P0 = $60, what is the stock's expected dividend yield for the coming year?

Select the correct answer.

a. 2.62%
b. 2.35%
c. 1.81%
d. 2.89%
e. 2.08%

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