Question: need help with these 2 problems The next dividend payment by Savitz, Inc., will be $1.96 per share. The dividends are anticipated to maintain a

need help with these 2 problems
need help with these 2 problems The next dividend payment by Savitz,
Inc., will be $1.96 per share. The dividends are anticipated to maintain

The next dividend payment by Savitz, Inc., will be $1.96 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever. The stock currently sells for $39 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, e.g., 32.16.) b. What is the expected capital gains yield? (Enter your answer as a percent.) Suppose you know that a company's stock currently sells for $54 per share and the required return on the stock is 9 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yleld. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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