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Use the information below to answer questions 9 and 10. Gaines Grips stock just paid a dividend of $2.50 per share and currently sells for

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Use the information below to answer questions 9 and 10. Gaines Grips stock just paid a dividend of $2.50 per share and currently sells for $66.25 per share. You expect the dividend to grow at a constant rate of 6 percent indefinitely. Investors require a reiurn of 10 percent on Gaines Grips stock. 9. What is the dividend yield on Gaines Grips stock? a. 3.8% b. 4.0% c. 5.0% d. 6.0% e. 6.2% 10. What is the expected capital gains yield on Gaines Grips stock? a. 3.8% b. 4.0% c. 5.0% d. 6.0% e. 6.2%

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