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Bitter Corp. is selling for $11.41 per share and recently paid a $2.49 dividend. If dividends for Bitter are expected to grow at 2.46% for

Bitter Corp. is selling for $11.41 per share and recently paid a $2.49 dividend. If dividends for Bitter are expected to grow at 2.46% for the foreseeable future, what is their dividend yield? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations).

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