Jenniper Constructions common stock is currently selling for $36.25 per share. The company has been growing at a constant rate of 4 percent during the past decade, and this trend is expected to continue long into the future. If investors require a 12 percent rate of return to invest in Jenniper, what is the dividend yield that is associated with the companys stock?

• A. 8.0%
• B. 16.0%
• C. 4.0%
• D. This question cannot be answered because the amount of the dividend is not known.
• E. 12.0%