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8. If D1 = $3.00, g (which is constant) = 6.00%, and P0 = $100, what is the stock's expected total return for the coming

8. If D1 = $3.00, g (which is constant) = 6.00%, and P0 = $100, what is the stock's expected total return for the coming year? Round to the nearest whole. (4pts)

a. 7%

b. 9%

c. 6%

d. 2%

e. 4%

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