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If a stock s dividend is expected to grow at a constant rate of 5 % a year, which of the following statements is CORRECT?
If a stocks dividend is expected to grow at a constant rate of a year, which of the following statements is CORRECT?
The expected return on the stock is a year.
The stocks dividend yield is
The stocks price one year from now is expected to be higher.
The stocks required return must be equal to or less than
The price of the stock is expected to decline in the future.
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