Rearden Metals has a current stock price of $30 share, is expected to pay a dividend of $1.20 in one year, and its expected price right after paying that dividend is $33.2) Rearden's expected dividend yield is closest to: A) 3.40%. B) 3.65%. C) 4.00%. D) 4.20

C is the answer but I need the calculation. No excel please.