16&17

A firm has 80,000 shares of stock outstanding with a market price of $25 per share. If net income for the year is $200,000 and the retention ratio is 70%, what is the dividend yield on the firm's stock? O 29 0 3% 49% O 5% O 6% Question 17 1 pts Llano's stock is currently selling for $40.00. The expected dividend one year from now is $2 and the required return is 13%. What is this firm's implied dividend growth rate? O 3% 05% O 8% 10% 1294