28. A stock expects to pay a year-end dividend of $2 a share (that is, D1, =$2.00; assume that last year's dividend has already been paid). The dividend is expected to fall 5% a year, forever (that is, g=5% ). The company's expected and required rate of return is 15%. Which of the following statements is most correct? a. The company's stock price is $10. b. The company's expected dividend yield 5 years from now will be 20%. c. The company's stock price 5 years from now is expected to be $7.74. d. All of the above choices are correct