Assume a corporation has just paid a dividend of $ 1.44 per share. The dividend is...

Transcribed Image Text:

Assume a corporation has just paid a dividend of $ 1.44 per share. The dividend is expected to grow at a rate of 4.6% per year forever, and the discount rate is 6.9%. 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. Assume a corporation has just paid a dividend of $ 1.44 per share. The dividend is expected to grow at a rate of 4.6% per year forever, and the discount rate is 6.9%. 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.