Youre analyzing the stock of a certain company the most


Question: You're analyzing the stock of a certain company. The most recent dividend paid was $7 dollars per share. The company's discount rate is 12%, and the firm's dividends are expected to grow at 3% per year forever. What is the capital gain for this stock from today to year 1 (as a percentage) ?

State your answer to the nearest whole integer.

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Finance Basics: Youre analyzing the stock of a certain company the most
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