Question: Martha's Vineyard plans to pay a $ 3 . 5 0 annual dividend on its common stock a year from now. The stock is currently

Martha's Vineyard plans to pay a $3.50 annual dividend on its common stock a year from now. The stock is currently selling for $66 a share. The required rate of return is 10.8%. What is capital gains yield? Assume constant dividend growth model.
A.5.3%
B.5.5%
C.7.3%
D.10.5%
E.10.8%
 Martha's Vineyard plans to pay a $3.50 annual dividend on its

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