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Assume that a companys stock is currently selling for $40/share and the required (and expected) return on the stock is 8%. Also assume that this

Assume that a companys stock is currently selling for $40/share and the required (and expected) return on the stock is 8%. Also assume that this return is evenly split between capital gains yield and dividend yield. If the company expects a constant growth rate, what is the next expected annual dividend per share?

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