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Sandy paid $47.38 for one share of EMH Company one year ago. The stock paid four quarterly dividends of $1.00 each during the year and

Sandy paid $47.38 for one share of EMH Company one year ago. The stock paid four quarterly dividends of $1.00 each during the year and is selling for $49.50 now. What are the income yield and capital gain yield for EMH over the past year?

a) Income yield = 4.28%; capital gain yield = 8.08%

b) Income yield = 8.08%; capital gain yield = 4.28%

c) Income yield = 4.47%; capital gain yield = 8.44%

d) Income yield = 8.44%; capital gain yield = 4.47%

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