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3 6 Kate owns a stock with a market price of $31 per share. This stock pays a constant annual dividend of $0.60 per share.

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3 6 Kate owns a stock with a market price of $31 per share. This stock pays a constant annual dividend of $0.60 per share. If the price of the stock suddenly declines to $26 a share, you would expect the: 1. dividend yield to increase. II. dividend yield to decrease. III. capital gains yield to increase. IV. capital gains yield to decrease. 1) II only 2) I and III only 3) II and IV only 4) I only 5) Ill only 12:01 PM

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