QUESTION $20$

If D$1=$ $$1\mathrm{.}40,$ g $($which is constant$)=6\%,$ and P$0=$ $$50,$ what is the stock$$s expected total return for the coming year? Note: D$1$ is the expected dividend next year.

A$.$

$8\mathrm{.}00\%$

B$.$

$8\mathrm{.}20\%$

C$.$

$8\mathrm{.}40\%$

D$.$

$8\mathrm{.}60\%$

E$.$

$8\mathrm{.}80\%$

F$.$

$9\mathrm{.}00\%$

G$.$

$9\mathrm{.}20\%$

H$.$

$9\mathrm{.}40\%$