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pter 8 Stock Valuation What is the expected annual capital gain yield for Orange Corp stock, based on the Dividend Discount Model? The company plans

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pter 8 Stock Valuation What is the expected annual capital gain yield for Orange Corp stock, based on the Dividend Discount Model? The company plans to pay an annual dividend of of $9.90 per share in one year. The expected annual growth rate of the dividend is 8.93%, and the required rate of return for the stock is 10.74%. Answer as a percentage, 2 decimal places (e.g., 12.34\% as 12.34)

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