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16-The expected return on some company's stock is 14%. The stock's dividend is expected to grow at a constant rale of 8%. and it currently

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16-The expected return on some company's stock is 14%. The stock's dividend is expected to grow at a constant rale of 8%. and it currently sells for $50 a share. Which of the following statements is CORRECT? a) The stock's dividend yield is 6%. b) The stock's dividend yield is 7%. c) The stock's dividend yield is 8%. d) The stock price is expected to be $50 a share one year from now. e) The stock price is expected to be $48 a share one year from now

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