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What is the expected annual capital gain yield for Orange Corp stock, based on the Dividend Discount Model? The company plans to pay an annual
What is the expected annual capital gain yield for Orange Corp stock, based on the Dividend Discount Model? The company plans to pay an annual dividend of of $7.25 per share in one year. The expected annual growth rate of the dividend is 8.08%, and the required rate of return for the stock is 10.51%. Answer as a percentage, 2 decimal places (e.g., 12.34% as 12.34).
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