The next dividend payment by Halestorm, Inc., will be $9.08 per share. The dividends are anticipated to maintain a growth rate of 1.31 percent forever. If the stock currently sells for $1.1 per share, what is the expected capital gains yield? (Enter your answer as a percentage, omit the "%" sign in your response, and enter your answer with two decimal places. For example, 1.214% should be entered as 1.21.)

Answer rating: 100% (QA)

The capital gains yield can be calculated using the formula Capital Gains Yield D... View the full answer