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Last week, Welch Industries paid their annual dividend of $1.74 on their common stock. The company predicts that the dividend will increase by 2.1% each

Last week, Welch Industries paid their annual dividend of $1.74 on their common stock. The company predicts that the dividend will increase by 2.1% each year indefinitely. What is the capital gains yield on this stock if this stock is currently selling for $28.15 per share? Enter your answer as a decimal with a leading zero and 3 decimal places of precision

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