Computing expected rate of return

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Please help me study by helping me with this question. If D0 = $3.50, g (which is constant) = 6.0%, and P0 = $80, what is the stock's expected dividend yield for the coming year?

The formula for calculating the first year dividend is D1 = D0(1+g)

The expected rate of return is ________percent. ?

Reference no: EM132147291

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