The constant growth valuation formula has dividends in the numerator. Dividends are divided by the difference between the required return and dividend growth rate as follows: D1 Po- (rs- g) If you were analyzing the consumer goods industry, for which kind of company in the industry would the constant growth model work best? O All companies O Young companies with unpredictable earnings Mature companies with relatively predictable earnings Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $2.25 at the end of the year. Its dividend is expected to grow at a constant rate of 8.50% per year. If Walter's stock currently trades for $15.00 per share, what is the expected rate of return? O 9.93% O 18.40% O 8.64% 23.50% walter's dividend is expected to grow at a constant growth rate of 8.50% per year. what do you expect to happen to Walter's expected dividend yield in the future? O It will stay the same. O It will decrease. O It will increase