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You buy a stock for $ 4 5 . The company pays an annual dividend that grows by 2 % each year, forever. The next
You buy a stock for $ The company pays an annual dividend that grows by each year, forever. The next is to be received in exactly year. Investors require return of What must be the amount of the first dividend? You sell immediately after you receive the first dividend. Investors still require a return. Your capital gain is Blank and dividend yield is Blank
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