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If a company's expected dividend payment is $1.25 (D 1 = $1.25), the dividend growth rate, g (which is constant) = 4.7%, and its current

If a company's expected dividend payment is $1.25 (D1 = $1.25), the dividend growth rate, g (which is constant) = 4.7%, and its current stock price, P0 = $29.00, what is the stocks expected dividend yield for the coming year?

1.

4.48%

2.

4.44%

3.

5.30%

4.

4.31%

5.

4.66%

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