kflojo2
Aug 5, 2009, 07:27 AM
If a stock's dividend is expected to grow at a constant rate of 5 percent a year, which is true:
Its expected return on stock is 5%
The dividend yield is 5%
The stock price one year from now is expected to be 5% higher
Its expected return on stock is 5%
The dividend yield is 5%
The stock price one year from now is expected to be 5% higher