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For Stock XXX, D 1 = $1.50, g (which is constant) = 6.5%, and P 0 = $56. Stock XXX's expected capital gains yield for

For Stock XXX, D1 = $1.50, g (which is constant) = 6.5%, and P0 = $56. Stock XXX's expected capital gains yield for the coming year is closest to:

a.

6.50%

b.

7.17%

c.

7.52%

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