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If D 1 = $1.50, earnings and dividends g (which is constant) = 6.5%, and P 0 = $56, what is the stock's expected capital
If D 1 = $1.50, earnings and dividends g (which is constant) = 6.5%, and P 0 = $56, what is the stock's expected capital gains yield for the coming year? (Remember that capital gains come from stock price growth which in turn comes from earnings growth!)
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