11% + 15:04 AT&T A stock is expected to pay a year-end dividend of $2.00, i.e., Di - $2.00. The dividend is expected to decline at a rate of 5% a year forever (g -5 % ) . If the company is in equilibrium and its expected and required rate of return is 15%, then which of the following statements is CORRECT? The company's dividend yield 5 years from now is expected to be 10% The company's expected stock price at the beginning of next year is $9.50 O The company's current stock price is $20. The constant growth model cannot be used because the growth rate is negative. 11% 15:06 AT&T Stock X has the following data. Assuming the stock market is efficient and the stock is in equilibrium, which of the following statements is CORRECT? Expected dividend, D $3.00 $50 Current Price, Po 6.0% Expected constant growth rate The stock's expected dividend yield is 5%. The stock's expected price 10 years from now is $100.00 The stock's expected dividend yield and growth rate are equal. The stock's expected capital gains yield is 5%