The Exotic Emig Company has a required rate of return of 9% and is expected...

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Finance

The Exotic Emig Company has a required rate of return of 9% and is expected to grow at a constant rate of 4% in the foreseeable future. If the firms last dividend paid was $3, what is the expected capital gains yield?

A. 4%

B. 9%

C. 5%

D. 13%

E. None of these are correct

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