Stock X is expected to pay a dividend of $3.00 at the end of the year.The dividend is expected to grow at a constant rate of 6% a year. The stock currently trades at a price of $50 a share.Assume that the stock is in equilibrium.Which of the following statements is most correct?

a. The required return on the stock is 12%.

b. The stock's expected capital gains yield is 6%.

c. The stock's dividend yield is 0%.

Statements a and b are correct.

All of the statements above are correct.