Use the following formula to answer problems on shareholder returns, where Pt is the share price at time, t, and Dt is the dividend paid at time t. Shareholderreturn=P1D2+P1P2P1 4.1 Biloxi Shipping. If the share price of Emaline, a Biloxi, Mississippi-based shipping firm, rises from $12 to $15 over a one-year period, what is the rate of return to the shareholder given each of the following: a. The company paid no dividends b. The company paid a dividend of $1 per share. c. The company paid the dividend and the total return to the shareholder is separated into the dividend yield and the capital gain