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b) Investors believe that a UMLand stock will pay a $4 dividend next year. The market price of the stock is $66.67, and investors expect

b) Investors believe that a UMLand stock will pay a $4 dividend next year. The market price of the stock is $66.67, and investors expect a 12% return on the stock. What long-run growth rate in dividends is consistent with the current price of the stock? Calculate the current yield and capital gain for next year

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