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Company B just paid an annual dividend of $.42 a share. The stock is selling for $18 a share and has a growth rate of

Company B just paid an annual dividend of $.42 a share. The stock is selling for $18 a share and has a growth rate of 2.2 percent. What is the dividend yield, using the constant growth model?

2.47 percent

2.38 percent

2.33 percent

2.41 percent

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