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Stocks P and Q have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements

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Stocks P and Q have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? . Q Price $30 $30 Expected growth 10% 5% (constant) Expected stock return 15% 15% Stock Phas a higher dividend yield than Stock Q. Since Stock P's growth rate is twice that of Stock Q. Stock P's future dividends will always be twice as high as Stock Q's. Stock P's expected dividend at t = 1 is only half that of Stock Q. Stock P will have a lower price at t-1 than Stock

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