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A stock just paid an annual dividend of $5.46 per share. The expected growth rate of the dividend is 12.67%. The required rate of return

A stock just paid an annual dividend of $5.46 per share. The expected growth rate of the dividend is 12.67%. The required rate of return for the stock is 15.42% per annum. Based on the Dividend Discount Model, what is the expected dividend yield for the stock for the coming year?

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