QUESTION 16 Stocks X and Y have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? X Y Price $30 $30 Expected growth (constant) 6% 4% Required return 12% 10% O a. Stock X has a higher dividend yield than Stock Y. O b. Stock Y has a higher dividend yield than Stock X. O c. One year from now, Stock X's price is expected to be higher than Stock Y's price. O d. Stock X has the higher expected year-end dividend. O e. Stock Y has a higher capital gains yield