If a stock's dividend is expected to grow at a constant rate of 5% a year, which of the following statements is CORRECT?

Select the correct answer.

The stock's dividend yield is 5%.

{C}

The stock's price one year from now is expected to be 5% higher.

The price of the stock is expected to decline in the future.

The expected return on the stock is 5% a year.

The stocks required return must be equal to or less than 5%