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B) Yield to maturity. C) Dividend yield. D) Earnings yield. E) Capital gains yield. 13. What would be the current price of a stock when dividends are expected to grow at a 15% rate for three years, then grow at a constant rate of 5%, if the stock’s required return is 13% and next year dividend payment is $5 per share? A) Po = B) Po = C) Po ... ................
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