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1. Glowmaster Inc. currently sells for $55 per share. The next expected semi-annual dividend is $2.25, and the growth rate is 7%. What is the

1. Glowmaster Inc. currently sells for $55 per share. The next expected semi-annual dividend is $2.25, and the growth rate is 7%. What is the expected capital gains yield for Glowmaster Inc.? (show work)

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