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Suppose a company just paid a dividend of $1.50. It is expected to increase its dividend by 2% per year forever. If the market requires
Suppose a company just paid a dividend of $1.50. It is expected to increase its dividend by 2% per year forever. If the market requires a return of 9% on assets of this risk level, what is the capital gain yield? (answer in decimal format and round to the nearest 0.000.)
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