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Just today, Acme Rocket, Inc. ' s common stock paid a $ 1 annual dividend per share and had a closing price of $ 2

Just today, Acme Rocket, Inc.'s common stock paid a $1 annual dividend per share and had a closing price of $20. Assume that the market expects this company's annual dividend to grow at a constant 6 percent rate forever. a. Determine the implied yield on this common stock. b. What is the expected dividend yield? c. What is the expected capital gains yield ?

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