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Please show work so I can learn how. A company plans to pay a dividend of $3.50 at the end of this year. After that,
Please show work so I can learn how. A company plans to pay a dividend of $3.50 at the end of this year. After that, dividends will increase by 3% each year forever. The required return on the company's stock is 13%. Choose the correct option below for stock value today, dividend yield this year, and capital gains yield this year.
a P0=35, DY0=10%, CGY0=3%
b P0=35, DY0=3%, CGY0=10%
c P0=35, DY0=0, CGY0=13%
d P0=35, DY0=13%, CGY0=0
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