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At the beginning of the year, shares in GiantCorp were trading at $81. The share price at the end of the year was $86. During

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At the beginning of the year, shares in GiantCorp were trading at $81. The share price at the end of the year was $86. During the year, the company also paid a dividend of $1.25. Calculate the income yield for the year Calculate the annual effective rate equivalent to j12-21%. Express your answer as a percentage rounded to 2 decimal places (but don't include the % symbol)

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