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A stock just paid an annual dividend of $ 1 . 8 1 per share. The expected growth rate of the dividend is 5 .
A stock just paid an annual dividend of $ per share. The expected growth rate of the dividend is The required rate of return for the stock is per annum. Based on the Dividend Growth Model, what is the expected dividend yield for the stock for the coming year? Answer as a percentage, decimal places eg as
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