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stion 10 A stock's dividend is expected to grow at a constant rate of 5 percent a year. yet wered ked out of lag ation

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stion 10 A stock's dividend is expected to grow at a constant rate of 5 percent a year. yet wered ked out of lag ation Assuming a constant dividend growth model, the following are possible conclusions to the statement above: 1. The expected return on the stock is 5 percent a year. II. The stock's dividend yield is 5 percent. III. The stock's price one year from now is expected to be 5 percent higher. Which of the following best describes these conclusions? Select one: a. Only conclusion Il is correct. b. Conclusions I, II and Ill are correct. c. Only conclusion I is correct. d. Conclusions I and II are correct. e. Only conclusion III is correct. stion 11 Mento Mills is considering two mutually exclusive projects. The Amber Project has an internal rate of return (IRR) of 12 perce n. IND

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