A company's shares are selling in the market for $85 per share. The dividend one year from today is expected to be $4.75. If the required return is 8.00%, the portion of the first years return coming from capital gains yield is ??? %. NOTE: YOUR ANSWER MUST BE IN UNITS OF %. USE 2 DECIMAL PLACES FOR YOUR ANSWER AND DO NOT INCLUDE UNITS. Your Answer: Question 7 (1.5 points) Diamond Mines' (DM) stock dividend has grown at 5.00% per year for as long as anyone can remember. Investors believe that a year from now the company will pay a dividend of $3 and that the dividend will continue to grow at 5.00% indefinitely. If the market's required return on DM stock is 14.00%, what does the stock sell for today? USE 2 DECIMAL PLACES FOR YOUR ANSWER AND DO NOT INCLUDE UNITS