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

E. 6.60 percent

Step-by-step explanation:

We have been given that 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.

We will use total return formula to answer our given problem.

Upon substituting our given values in above formula, we will get:

Therefore, the dividend yield would be 6.60% and option E is the correct choice.

7. d. 64

8. i. 32

9. c. 125

10. j. none of the above

11. d. 81

12. i. 216

13. e. none of the above

14. g. 240

15. e. none of the above

16. g. 32

17.   e. none of the above