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A firm's stock has a required return of 10%. The stock's dividend yield is 3.5%. What is the dividend the firm is expected to pay
A firm's stock has a required return of 10%. The stock's dividend yield is 3.5%. What is the dividend the firm is expected to pay over a one year period if the current stock price is $80?
Select one:
a.$3.60
b.$2.00
c.$2.80
d.$3.20
e.$2.40
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