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 stockis in equilibrium. Which of the following statements is most correct?

The stock's expected capital gains yieldis 6%.

None of the answers are correct.

The required return on the stockis 12%.

Thestock's dividend yieldis 0%

Morethan one ofthe answers is correct.