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If a stock's dividend is expected to grow at a constant rate of 3% a year, which of the following statements is correct? (The stock

If a stock's dividend is expected to grow at a constant rate of 3% a year, which of the following statements is correct? (The stock is in equilibrium)

The stock price next year is expected to be 3% more than the current price

The expected return on the stock is 3% a year

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

Dividend yield of the stock is 3%

The stock's required return must be equal to or less than 3%

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