assignmentcafe.com – Lulu Lannan apparel company’s stock is currently selling in the market for $25.34 per share. This stock is expecting to pay a dividend if $1.95 per share next year, and the dividends are expected to grow at a certain constant rate forever. 2022 latest answers

assignmentcafe.com –

Lulu Lannan apparel company’s stock is currently selling in the market for $25.34 per share. This stock is expecting to pay a dividend if $1.95 per share next year, and the dividends are expected to grow at a certain constant rate forever. The required rate of return is 9.5 percent. Calculate the capital gains yield for this stock.

 

Group of answer choices

 

1.84%

7.66%

1.98%

7.52%

9.5%