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Anle Corporation has a current stock price of $ 2 4 . 3 3 and is expected to pay a dividend of $ 0 .

Anle Corporation has a current stock price of $ 24.33 and is expected to pay a dividend of $ 0.95 in one year. Its expected stock price right after paying that dividend is $ 26.39.
a. What is Anle's equity cost of capital?
b. How much of Anle's equity cost of capital is expected to be satisfied by dividend yield and how much by capital gain?

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