Conner Corporation has a stock price of $32.35 per share. The last dividend was $3.42 . The long-run growth rate for the company is a constant 7 percent. What is the company's capital gains yield and dividend yield?
A) Capital gains yield = 7.00%; Dividend yield = 10.57%.
B) Capital gains yield = 10.57%; Dividend yield = 7.00%.
C) Capital gains yield = 7.00%; Dividend yield = 4.31%.
D) Capital gains yield = 11.31%; Dividend yield = 7.00%.
E) Capital gains yield = 7.00%; Dividend yield = 11.31%.
Correct Answer:
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