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A company's stock sells for $150 per share. Investors require a 13% return on the stock. If the stock has a dividend yield of 4.75%,
A company's stock sells for $150 per share. Investors require a 13% return on the stock. If the stock has a dividend yield of 4.75%, what is the expected capital gains yield for this stock?
Do not round intermediate calculations.Round the final answer to 2 decimal places.Omit the % sign in your response.For example, an answer of 15.39% should be entered as 15.39.
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