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Assume a corporation has just paid a dividend of $ 1.07 per share. The dividend is expected to grow at a rate of 3.2% per

Assume a corporation has just paid a dividend of $ 1.07 per share. The dividend is expected to grow at a rate of 3.2% per year forever, and the discount rate is 5.3%.

What is the Capital Gains yield of this stock?

Enter your answer as a percentage, rounded to 1 decimal, and without the percentage sign. So, if your answer is 0.05678, just enter 5.7.

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