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Maybee Company is expected to pay a dividend next year of $2.10 per share. Maybee has a beta of 1.00 and the market rate of

Maybee Company is expected to pay a dividend next year of $2.10 per share. Maybee has a beta of 1.00 and the market rate of return is 12% and the risk free rate is 3%. What is the dividend yield if an investor purchases the stock at $41.68 a share?

a) 5.00%

b) 6.00%

c) 9.00%

d) 12.00%

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