D1 = $1.25, g = 4.7%, P0 = $26, find the dividend yield for the next year

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
8th Edition
ISBN:9781285065137
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 6DQ
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D1 = $1.25, g = 4.7%, P0 = $26, find the dividend yield for the next year

  1. 5.12%
  2. 5.34%
  3. 4.77%
  4. 4.81%
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