A stock is expected to pay a dividend next year of $2.2. The dividend amount is expected to grow at an annual rate of 5.5% indefinitely. Assuming a required return on the stock of 9.5% in the future, the dividend yield on the stock is \%. Margin of error for correct responses: +/.05 Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your "final" response to 2 decimal places (example: if your answer is 12.3456,12.3456%, or $12.3456, you should enter 12.35)