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A firm has 80,000 shares of stock outstanding with a market price of $25 per share. If net income for the year is $200,000 and

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A firm has 80,000 shares of stock outstanding with a market price of $25 per share. If net income for the year is $200,000 and the retention ratio is 70%, what is the dividend yield on the firm's stock? O 2% O 3% O 4% O 5% O 6%

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