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You are interested in investing in Victorious Inc. Based on your analysis, you expect the current dividend ( D 0 , now equal to $
You are interested in investing in Victorious Inc. Based on your analysis, you expect the current dividend now equal to $ paid yesterday to grow at an annual rate of for the next years, and then to grow at a constant rate of thereafter. If investors have a required rate of return of then what is the expected capital gain yield during the second year?
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