Question: Problem 7-3 Stock Values [LO 1] The next dividend payment by Dizzle, Inc., will be $3.30 per share. The dividends are anticipated to maintain a
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Problem 7-3 Stock Values [LO 1] The next dividend payment by Dizzle, Inc., will be $3.30 per share. The dividends are anticipated to maintain a growth rate of 7.25 percent, forever. Assume the stock currently sells for $50.20 per share. What is the dividend yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Dividend yield 6.57 % What is the expected capital gains yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Capital gains yield
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