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The stock of SuperGrowth, Inc. just paid a dividend of $ 0 . 7 8 . The dividend next year is expected to be $

The stock of SuperGrowth, Inc. just paid a dividend of $0.78. The dividend next year is expected to be $0.87. What is the expected capital gains yield if the stock is selling for $28.25 today and the required rate of return is 15 percent?
A)10.73%
B)11.92%
C)12.24%
D)13.62%
E)15.00%

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