Maple Corporation Is Expected to Pay an Annual Dividend of $0.45

Multiple Choice

Maple Corporation is expected to pay an annual dividend of $0.45 per share in the coming year,and to trade for $12.50 at the end of the year.If investments with the same risk as Maple's stock have an expected return of 6.95%,what is Maple's dividend yield?

A) 3.7%
B) 3.6%
C) 3.5%
D) 4.0%
E) 3.4%