A company will pay dividend of $3.00 next year (01 - $3.00) and its dividend...
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A company will pay dividend of $3.00 next year (01 - $3.00) and its dividend will grow at a constant rate of 5% every year indefinitely (9 - 5.0%). If the company's stock value is $75.00 (PO = $75.00), what is the stock's expected dividend yield for the coming year? 3.00% 4.00% 5.00% 9.00%
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