Question: Leaf Peeper Tours Corp. is expected to pay a dividend of $1.65 at the end of the coming year. It is expected to sell for

Leaf Peeper Tours Corp. is expected to pay a dividend of $1.65 at the end of the coming year. It is expected to sell for $51.00 at the end of the year. If its equity cost of capital is16%, what is the expected capital gain (expressed in $) from the sale of the stock at the end of the coming year. The answer is $5.61, how

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