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If D 1 = $1.80, g (which is constant) = 4.7%, and P 0 = $28.00, then what is the stock's expected dividend yield for

If D1 = $1.80, g (which is constant) = 4.7%, and P0 = $28.00, then what is the stock's expected dividend yield for the coming year?

a. 6.73%
b. 6.14%
c. 6.04%
d. 6.87%
e. 6.43%

Wall Inc. forecasts that it will have the free cash flows (in millions) shown below. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 15% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the firms total corporate value, in millions? Do not round intermediate calculations.

Year 1 2 3
Free cash flow -$20.00 $48.00 $51.84
a. $880.41 million
b. $740.57 million
c. $581.15 million
d. $578.88 million
e. $508.88 million

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