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A company will pay a dividend of $1.25 next year. The dividend is expected to grow at a constant rate of 4.5% into the foreseeable
A company will pay a dividend of $1.25 next year. The dividend is expected to grow at a constant rate of 4.5% into the foreseeable future. The current stock price is $22.90 per share. What are the stocks expected dividend yield AND its expected total return for the coming year?
a. | 4.26% and 4.50% | |
b. | 6.25% and 10.75% | |
c. | 5.46% and 9.96% | |
d. | 4.26% and 8.76% | |
e. | 5.46% and 4.50% |
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