If D₁ = $2.00, g (which is constant) = 4.7%, and Po = $21.00, then what is the stock's expected dividend yield for the coming year? a. 9.10% O b. 9.97% c. 10.53% d. 8.70% O e. 9.52%

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter7: Valuation Of Stocks And Corporations
Section7.4: Valuing Common Stocks
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If D₁ = $2.00, g (which is constant) = 4.7%, and Po = $21.00, then what is the stock's expected dividend yield for the coming year?
a. 9.10%
O
b. 9.97%
c. 10.53%
d. 8.70%
O e. 9.52%
Transcribed Image Text:If D₁ = $2.00, g (which is constant) = 4.7%, and Po = $21.00, then what is the stock's expected dividend yield for the coming year? a. 9.10% O b. 9.97% c. 10.53% d. 8.70% O e. 9.52%
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