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The next dividend payment by Savitz, Inc., will be $1.80 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.

The next dividend payment by Savitz, Inc., will be $1.80 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. The stock currently sells for $35 per share.

b.	What is the expected capital gains yield? (Enter your answer as a percent.)

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