If a stock's dividend is expected to grow at a constant rate of 5% a year, according to the constant dividend growth model, which of the following statements is CORRECT? A) The stock's dividend yield is 5%. B) The stock's price one year from now is expected to be 5% above the current price. C) The price of the stock is expected to decline in the future. D) The stock's required return must be equal to or less than 5%. A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 10.5%, and the constant growth rate is g-496. what is the current stock price? A) $25 B) $24.5 C) $23.5 D) $24 Roberts Transmisson just paid a dividend of DO- $1.32. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00%. What is the best estimate of the stock's current market value? A) $43.75 B) $42.65 C) $44.87 D) $41.59