20)

Based on the Dividend Discount Model, what is the expected dividend yield for the stock for the coning year tared on the following? A stock just paid an annual dividend of $4.12 per share. The expected gromth rate of the divend is 3.73%. The required rate of return for the stock is 8.69% per annum. Answers shown below are percentages 109.12.34 would denote 12.34\%). a. 3.67 b. 5.26 C. 3.92 d. 4.46 e. 4.12 1. 4.96