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Investors expect GM to pay a dividend of $1.95 next year. They expect the dividend to grow at constant rate 7.80%, and its current price
Investors expect GM to pay a dividend of $1.95 next year. They expect the dividend to grow at constant rate 7.80%, and its current price is $55.50. What is the expected capital gains yield for GM's stock this year? a. 7.80% Ob. 11.31% Oc. 7.88% O d. 3.51% Oe. 7.96%
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