Question: The next dividend payment by Im , Incorporated, will be $ 2 . 9 5 per share. The dividends are anticipated to maintain a growth

The next dividend payment by Im, Incorporated, will be $2.95 per share. The dividends are anticipated to maintain a growth rate of 5.5 percent forever. Assume the stock currently sells for $49.50 per share.
a. What is the dividend yield?
Note: 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?
Note: 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
 The next dividend payment by Im, Incorporated, will be $2.95 per

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