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The Belichick Hoodie Co. just paid a dividend of $3.96 per share on its stock. The dividends are expected to grow at a constant rate

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The Belichick Hoodie Co. just paid a dividend of $3.96 per share on its stock. The dividends are expected to grow at a constant rate of 6.3 percent per year indefinitely. The current share price is $52.70. What is the company's dividend yield? Suggested Formula(s): Dividend yield =D1/P0 Select one: A. 9.73% B. 7.99% C. 7.51% D. 7.04% E. 9.34%

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