Moving to another question will save this response. Question 7 of 15 Question 7 18 points Save Answer ABC Inc. is expected to pay a dividend of $1.2 per share at the end of the first year (Year 1) and a $1.3 per share at the end of the second year (Year 2). You expect ABC's stock price to be $22 right after the Year 2 dividend is paid at the end of Year 2. The risk free rate is 1% and market risk premium is 5%. ABC has an equity beta of 1.2 and the WACC of 4%. Suppose you plan to hold ABC stock for only one year. Your capital gain rate from holding ABC stock for the first year is % Instruction: Type ONLY your numerical answer in the unit of percentage. % sign is already there. Round to the nearest one decimal place. E.g., if your answer is 10.16%, then input 10.2