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Leonard Co is expected to pay a dividend of $2.75. If this dividend is expected to grow at a 3% rate indefinitely and you require

Leonard Co is expected to pay a dividend of $2.75. If this dividend is expected to grow at a 3% rate indefinitely and you require a return of 12%,

A. what would you expect to pay for a share of Leonard Co stock?

B. What is the dividend yield for Leonard Co stock?

C. What is the capital gains yield for Leonard Co stock?

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