Determining stock expected total yield


A firm is expected to pay a dividend of $1.50 per share at the end of the 2003. The firm's NI is expected to grow at an annual rate of 2.85%. The stock price was $39.23 at the beginning of the 2003. By the end of 2003 the price of the firm's stock is expected to rise to $40.35. What is this stock's expected total yield?

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Finance Basics: Determining stock expected total yield
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