Question: If D 1 = $1.45, g (which is constant) = 4.7%, and P 0 = $23.00, then what is the stock's expected dividend yield for

If D1 = $1.45, g (which is constant) = 4.7%, and P0 = $23.00, then what is the stock's expected dividend yield for the coming year?

a. 6.73%
b. 5.93%
c. 6.60%
d. 6.30%
e. 6.02%

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