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4. Vegan Corporation's common stock is currently selling for $51 per share. Assume dividends of $2 in one year (i.e., at t=1), $4 in two
4. Vegan Corporation's common stock is currently selling for $51 per share. Assume dividends of $2 in one year (i.e., at t=1), $4 in two years (i.e., at t=2), and $6 in three years (i.e., at t=3). After t=3, dividends will grow at 4% per year, forever. If someone invests in Vegan's common stock, what is the expected long-run rate of return (i.e., what is the capitalization rate of return for Vegan Corp.) to the nearest percent
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