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A constant growth stock has a growth rate of 3 percent per year. This means that o the stock's expected total return is less than
A constant growth stock has a growth rate of 3 percent per year. This means that o the stock's expected total return is less than 3% next year. the stock's capital gains yield is expected to be negative next year. O the stock's price next year is expected to be 3 percent higher. o the stock's dividend yield is expected to be 3 percent next year. the stock's expected total return is 3% next year
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