Question: If D1 = $1.25, g (which is constant) = 5%, and P0 = $20.18, what is the stock's expected dividend yield for the coming year?
If D1 = $1.25, g (which is constant) = 5%, and P0 = $20.18, what is the stock's expected dividend yield for the coming year?
(Round your answer to 2 decimal places.)
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