Question: For the company in Problem 6.19, what is the dividend yield? What is the expected capital gains yield? Problem 6.19 The next dividend payment by

For the company in Problem 6.19, what is the dividend yield? What is the expected capital gains yield?

Problem 6.19

The next dividend payment by ECY Inc. will be $3.20 per share. The dividends are anticipated to maintain a 6 percent growth rate, forever. If ECY stock currently sells for $63.50 per share, what is the required return?

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