Assume Expected Inflation is $3\%$ per year.

Which company would give you the highest expected return?

Company C$\text{'}$s stock price is expected to rise $4\%$ per year plus the rate of inflation while paying an annualized $3\%$ dividend yield.

$$ Company B$\text{'}$s stock price is expected to rise $7\%$ per year less the rate of inflation while not paying any dividend.

Company A$\text{'}$s stock price is expected to rise $4\%$ per year plus the rate of inflation while paying an annualized $2\%$ dividend yield.