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The next dividend payment by Im, Incorporated, will be $2.60 per share. The dividends are anticipated to maintain a growth rate of 6.25 percent forever.

image text in transcribed The next dividend payment by Im, Incorporated, will be $2.60 per share. The dividends are anticipated to maintain a growth rate of 6.25 percent forever. Assume the stock currently sells for $48.80 per share. a. What is the dividend yield? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the expected capital gains yield? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16

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