4. You are considering an investment in Trinity Industries' stock, which is expected to pay a year-end dividend of $3.08 (i.e., D = $3.08). Management believes that the stock's dividends will continue to grow at a constant and sustainable rate into the foreseeable future. The stock has a beta (3) of 1.2. The risk-free rate, FRF, is 4.9 percent and the market risk premium, (rM-rRF) is 5.0 percent. If the stock is currently selling for $45.97, what is the expected future capital gains rate for the stock?

4. You are considering an investment in Trinity Industries' stock, which is expected to pay a year-end dividend of $3.08 (i.e., D1=$3.08 ). Management believes that the stock's dividends will continue to grow at a constant and sustainable rate into the foreseeable future. The stock has a beta () of 1.2. The risk-free rate, rRF, is 4.9 percent and the market risk premium, (rMrRF) is 5.0 percent. If the stock is currently selling for $45.97, what is the expected future capital gains rate for the stock