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Anle Corporation has a current stock price of $22.59 and is expected to pay a dividend of $1.00 in one year. Its expected stock price

Anle Corporation has a current stock price of $22.59 and is expected to pay a dividend of $1.00 in one year. Its expected stock price right after paying that dividend is $24.66.

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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