A stock is expected to pay a year-end dividend of $2.00 1.e.. D1 = $2.00 The dividend is expected to decline at a rate of 5% a year forever (g =-5%). If the company s in equilibrium and its expected and required rate of return is 15%, which of the following statements is CORRECT? a. The company's current stock price is $20 O b. The company's expected capital gains yield is 5%. O c. The company's expected stock price at the beginning of next year is $9.50. d. The constant growth model cannot be used because the growth rate is negative O e. The company's dividend yield 5 years from now is expected to be 10%