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For the past several years, the stock price of Kraft foods has been increasing at a rate of 9.7 percent per year. The stock is

For the past several years, the stock price of Kraft foods has been increasing at a rate of 9.7 percent per year. The stock is currently selling for $90 per share and the equity cost of capital for Kraft foods is 10.80 percent. Based on this information, the dividend yield for Kraft food works out to:

a.10.70%

b.4.60%

c.9.70%

d.1.10%

e.6.30%

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