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What is the expected capital gains yield? 4. Stock Values (L01) Torbay Corporation will pay a $3.40 per share dividend next year. The company pledges

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What is the expected capital gains yield? 4. Stock Values (L01) Torbay Corporation will pay a $3.40 per share dividend next year. The company pledges to increase its dividend by 45 percent per year indefinitely. If you require an 11 percent return on your investment how much will you pay for the company's stock. today? 5 Stock Valuation ( 1) Glenhill Coi pyper m intain

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