Question: Problem 9-3 Stock Values The next dividend payment by Skippy, Inc., will be $1.80 per share. The dividends are anticipated to maintain a growth rate

Problem 9-3 Stock Values The next dividend payment by Skippy, Inc., will be $1.80 per share. The dividends are anticipated to maintain a growth rate of 5 percent, forever. The stock currently sells for $35 per share. 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.) 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.) Dividend yield Capital gains yield % %

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