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Glowmaster Inc. currently sells for $55 per share. The next expected semi-annual dividend is $2.25, and the growth rate is 7%. What is the expected
Glowmaster Inc. currently sells for $55 per share. The next expected semi-annual dividend is $2.25, and the growth rate is 7%. What is the expected capital gains yield for Glowmaster Inc.? (show work)
A. 4%
B. 6%
C. 7%
D. 2%
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