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A stock just paid a dividend of $ 2 . 2 5 , and the dividend will increase at a constant rate of 3 .

A stock just paid a dividend of $2.25, and the dividend will increase at a constant rate of 3.5%. If the stock currently sells for $54, what is the stock's expected dividend yield for the coming year?
3.45%
4.31%
4.23%
3.75%
5.05%
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