A stock is selling today for $75 per share. At the end of the year, it pays a dividend of $6 per share and sells for $81.

a. What is the total rate of return on the stock? (Enter your answer as a whole percent.) Rate of Return ____%

b. What are the dividend yield and percentage capital gain? (Enter your answers as a whole percent.) Dividend Yield ____% Capital Gains Yield______%

c. Now suppose the year-end stock price after the dividend is paid is $69. What are the dividend yield and percentage capital gain in this case? (Negative amounts should be indicated by a minus sign. Enter your answers as a whole percent.) Dividend Yield ____% Capital Gains Yield______%

d. Is there any change in the dividend yield calculated in parts (b) and (c)? The dividend yield is _______ it is based on the ________