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A firm's stock sells for $56.00 and they expect to declare a dividend of $1.50 per share at the end of the year. Their long
A firm's stock sells for $56.00 and they expect to declare a dividend of $1.50 per share at the end of the year. Their long term growth rate is 6.5%. What is the stock's expected capital gains yield for the coming year?
a. 6.50%
b. 6.83%
c. 5.17%
d. 2.68%
e. 9.18%
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