Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? Stock A Market price $25 Required return 10% Expected growth 7% Stock B Market price $40 Required return 12% Expected growth 9%

a. These two stocks must have the same expected year-end dividend.

b. These two stocks must have the same dividend yield.

c. These two stocks should have the same expected return.

d. These two stocks should have the same price.

e. These two stocks must have the same expected capital gains yield.