Question: 2 The next dividend payment by Hoffman. Inc., will be $3.30 per share. The dividends are anticipated to maintain a growth rate of 7.25 percent

2 The next dividend payment by Hoffman. Inc., will be $3.30 per share. The dividends are anticipated to maintain a growth rate of 7.25 percent forever. Assume the stock currently sells for $50.20 per share. a. What is the dividend yield? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places. elgi! 32 16!) b. What is the expected capital gains yield? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places. e.g., 32 16.) a Dividend yield b Capital gains yield
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