Consider four different shares, all of which have a required return of 15 percent and a most recent dividend of R4,50 per share. Shares A, B, and C are expected to maintain constant growth rates in dividends for the foreseeable future of 10 percent, 0 percent and -5 percent per year, respectively. Share D is a growth share that will increase its dividend by 20 percent for the next two years, and then maintain a constant 12 percent growth rate thereafter.

Now they are asking to Discuss the relationship among the various returns that you have calculated for each of these shares.

Could anyone please help me determine what relationship they are referring too.