Great Lakes Health Care common stock offers an expected total return of 9.2 percent.The last annual dividend was $2.10 a share.Dividends increase at a constant 2.6 percent per year.What is the dividend yield?
A) 3.75 percent
B) 4.20 percent
C) 4.55 percent
D) 5.25 percent
E) 6.60 percent
Correct Answer:
Verified
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