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For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 8.9 percent per year. Currently, the

For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 8.9 percent per year. Currently, the stock is selling for $86 per share and has a required return of 10.4 percent. What is the dividend yield?

  • 3.3%

  • 1.5%

  • 5.2%

  • 8.9%

  • 9.8%

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