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Winston Co. has a dividend-paying stock with a total return for the year of 6.5 percent. Which one of the following must be true? A.
Winston Co. has a dividend-paying stock with a total return for the year of 6.5 percent. Which one of the following must be true? A. The dividend must be constant. B. The stock has a negative capital gains yield. C. The dividend yield must be zero. D. The required rate of return for this stock increased over the year.
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