Question: If D1 = $1.25, g (which is constant) = 4.7%, and P0 = $52, what is the stock's expected dividend yield for the coming year?
If D1 = $1.25, g (which is constant) = 4.7%, and P0 = $52, what is the stock's expected dividend yield for the coming year? Select the correct answer.
a. 3.09%
b. 3.32%
c. 2.86%
d. 2.63%
e. 2.40%
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