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#7 If D1 = $1.25, g (which is constant) = 4.7%, and P0 = $56, what is the stock's expected dividend yield for the coming

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If D1 = $1.25, g (which is constant) = 4.7%, and P0 = $56, what is the stock's expected dividend yield for the coming year? Select the correct answer.

1.44%

2.34%

1.74%

1.14%

2.04%

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