ABCs last annual cash dividend was $1.50 per share. Its current equilibrium share market price...
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Accounting
ABCs last annual cash dividend was $1.50 per share. Its current equilibrium share market price is $15.75. The company is expected to grow at an annual rate of 5%. If your required rate of return is 15%, calculate for the coming year
(a) the expected dividend yield and
(b) the expected capital gains yield.
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