Finley Co. is growing quickly. Dividends are expected to grow at a 25% rate for the next three years, with the growth rate falling off to a constant 6% thereafter. If the required return is 14%, the company will pay a dividend next year of $3.125 (D1), and the stock price is currently $52.71, what is the firms current dividend yield (approximately)?

EC Q1 Homework Unanswered. Due Oct 19th, 10:55 AM Finley Co. is growing quickly. Dividends are expected to grow at a 25% rate for the next three years, with the growth rate falling off to a constant 6% thereafter. If the required return is 14%, the company will pay a dividend next year of $3.125 (D1), and the stock price is currently $52.71, what is the firm's current dividend yield (approximately)? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 5.9% b 6.2% 8.0% d 8.1% e 14.0%