Suppose you know a company's stock currently sells for $60 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 yield. if it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?
multiple choice
a. $5.17
b. $2.70
c. $2.74
d. $2.58
e. $2.45
