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A stock is expected to pay a dividend of $0.60 in one year, and the stock's expected price in one year is $20.50. The equity

A stock is expected to pay a dividend of $0.60 in one year, and the stock's expected price in one year is $20.50. The equity cost of capital is 5.5%. a) What is the price of the stock today? (1 mark) b) What is the dividend yield? (1 mark) c) What is the capital gain rate

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