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J Gardner is considering three different stocks for a portfolio; all stocks have a required return of 15% and a most recent dividend of $1.85

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J Gardner is considering three different stocks for a portfolio; all stocks have a required return of 15% and a most recent dividend of $1.85 per share. Stocks L, M and N are expected to maintain constant growth rates in dividends for the foreseeable future of 6.5%, 0% and -2%. The dividend yield for Lis For Mit is , and for Nit is The expected capital gains yield for Nis ALL ANSWERS SHOULD BE IN THE FORMAT XX.XX%

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