Tex papers, inc. has a current stock price of $50 share, is expected to pay a dividend
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Question:
Tex papers, inc. has a current stock price of $50 share, is expected to pay a dividend of $2.50 in one year, and its expected price right after paying that dividend is $55.
Tex's expected capital gains yield is closest to:
Answers:4.0%
5.5%
10.0%
8.5%
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