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6. Assume a corporation has just paid a dividend of $ 2.96 per share. The dividend is expected to grow at a rate of 3.4%

6. Assume a corporation has just paid a dividend of $ 2.96 per share. The dividend is expected to grow at a rate of 3.4% per year forever, and the discount rate is 8.2%.

What is the Capital Gains yield of this stock?

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