For the past six years, the price of Slippery Rock stock has been increasing at a rate of 8.21 percent a year. Currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. What is the dividend yield?
a. 3.20 percent
b. 2.75 percent
c. 3.69 percent
d. 4.28 percent
e. 3.44 percent