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A certain stock has a required return of 8 . 6 5 % . The stock's dividend is expected to grow by 5 . 0

A certain stock has a required return of 8.65%. The stock's dividend is expected to grow by 5.07% per year for the foreseeable future. What is the stock's dividend yield?
:: (Enter your answer as a whole number plus two dcimal places. i.e.2.25, not 0.0225)
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