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The next dividend payment by Grenier, Inc., will be $2.00 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever.

The next dividend payment by Grenier, Inc., will be $2.00 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. The stock currently sells for $40 per share.

What is the dividend yield?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Dividend yield____%

What is the expected capital gains yield?(Do not round intermediate calculations. Enter your answer as a percent.)

Capital gains yield____%

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