Question 3 10 points Save Answer ABC Inc is expected to pay a dividend of $0.8 per share at the end of the first year (Year 1) and a $1.1 per share at the end of the second year (Year 2). You expect ABC's stock pnce to be $23 nght after the Year 2 dividend is paid at the end of Year 2 The risk free rate is 1% and expected market risk premium is 5%. ABC has an equity beta of 1.2 and the WACC of 4% Suppose you plan to hold ABC stock for only one year. Your capital gain rate from holding ABC stock for the first year is % Instruction Type ONLY your numerical answer in the unit of percentage % sign is already there Round to the nearest one decimal place. Eg, if your answer is 10.16%, then input 10.2