Company Z has the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? Please reference the given general Dividend Growth Model formulas: Stock Price per share, P0 = Dividend per share (DPS) expected for Year 1 . (Required Return less Dividend Growth rate, g) Required Return = DPS + g = Dividend Yield + Capital Gains Yield P0 Dividends per share for Year 1 $2.75 Required Return 20% Market Price $35.50 What is the expected Capital Gains Yield for Company Z? a. 15.50% b. 7.85% c. 12.25% d. 10.50%