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Assume a corporation has just paid a dividend of $ 1.24 per share. The dividend is expected to grow at a rate of 3.9% per

Assume a corporation has just paid a dividend of $ 1.24 per share. The dividend is expected to grow at a rate of 3.9% per year forever, and the discount rate is 9.3%.

What is the Capital Gains yield of this stock?

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