3. A stock is expected to pay a year-end dividend of $2.00 a share (D1 $2.00). The dividend is expected to decline at a rate of 5% a year constantly (g -5%). The company's expected and required rate of return is 15%. Which of the following statements is CORRECT? 1 pts The company's current stock price is $20. b. . The company's dividend yield 5 years from now is expected to be 10% The company's stock priee next year is expected to be $9.50. d. C. The company's expected capital gains yield is 15% The constant growth model cannot be used because the growth rate is negative.