Question: The next dividend payment by Im , Incorporated, will be $ 1 . 6 0 per share. The dividends are anticipated to maintain a growth

The next dividend payment by Im, Incorporated, will be $1.60 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. The stock currently sells for $30 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.)
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 The next dividend payment by Im, Incorporated, will be $1.60 per

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