Question: If D1 = $1.25, g (which is constant) = 4.7%, and Po = $56, what is the stock's expected dividend yield for the coming year?

If D1 = $1.25, g (which is constant) = 4.7%, and Po = $56, what is the stock's expected dividend yield for the coming year? Select the correct answer. a. 2.34% b. 3.39% c. 3.04% d. 3.74% e. 2.69%
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