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The BeautifulSunshine Company expects a constant growth in earnings and dividends of 4.5%/year into the foreseeable future. It is expected that the next dividend paid

The BeautifulSunshine Company expects a constant growth in earnings and dividends of 4.5%/year into the foreseeable future. It is expected that the next dividend paid to stockholders will be $2.15/share. Currently the market of investors is demanding or requiring 8% on this investment. Show ALL work for full credit. What is the capital gains yield on this stock?

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