Question: 1. Rocket Services common stock offers an expected total return of 11.53 percent. The last annual dividend was $2.27 a share. Dividends increase at a

1. Rocket Services common stock offers an expected total return of 11.53 percent. The last annual dividend was $2.27 a share. Dividends increase at a constant 1.90 percent per year. What is the dividend yield? (show work)

  1. 13.43%
  2. 9.63%
  3. 1.90%
  4. 44.05%

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