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Company A , just paid a dividend of $ 1 . 8 per share on its common stocks. The dividends are expected to grow at

Company A, just paid a dividend of $1.8 per share on its common stocks. The dividends are expected to grow at 3.61 percent per year indefinitely. What is the capital gain that you realize, if you buy the stock today (right after D0 was paid) and sell it one year from now (right after you receive D1)? Assume that the required rate of return (k) is 12%.

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