Assume the last dividend was $1.15 and the company is growing at a constant rate of...

Assume the last dividend was $1.15 and the company is growing at a constant rate of 7% per year. Investors require 13% to invest in this company. What is the capital gains yield for the first year?

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Expert Solution

Capital gains yield = Growth rate = 7%

jeff jeffy answered 2 years ago

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