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1. Calculate the dividend yield (in %) for a share of common stock if the dividend was $7.50 and the current market price of the

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1. Calculate the dividend yield (in %) for a share of common stock if the dividend was $7.50 and the current market price of the stock is $111.40. Please round your answer to the second (2nd) decimal place after you convert into percent terms (i.e., so your calculator should be set to four (4) decimal places

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