GrossFlip will distribute $1.92 dividend per share at the end of the year. The current stock price is $32 per share.

The discount rate (required rate of return) is 10 percent. The dividends are expected to grow at 4 percent per year

indefinitely. What is the dividend yield of the this stock?

Question 11 options:

	6 %
	5 %
	4.8 %
	10 %