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A company is in steady state growth, with per-share earnings and dividends expected to increase at a constant rate of 4.15% for the foreseeable future.
A company is in steady state growth, with per-share earnings and dividends expected to increase at a constant rate of 4.15% for the foreseeable future. Each share of the companys stock is currently selling for $50. The company just paid out a $2 per-share dividend for the year just ended. The expected capital gains yield on this stock is ____, and the required or expected return on this stock is
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