Rocket, Inc.s common stock paid a $130 annual dividend per share and had a closing price of
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Question:
Rocket, Inc.s common stock paid a $130 annual dividend per share and had a closing price of $ 1000. Assume that the market expects this company annual dividend to grow at a constant 18 percent rate forever.
A. What is the expected dividend yield?
B. What is the expected capital gains yield?
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