For the Past Six Years, the Price of Slate Rock

For the past six years, the price of Slate Rock stock has been increasing at a rate of 8.6 percent a year. Currently, the stock is priced at $47 a share and has a required return of 14 percent. What is the dividend yield?

A) 1.20 percent
B) 2.87 percent
C) 3.39 percent
D) 4.28 percent
E) 5.40 percent