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Consider a stock that has a quarterly dividend of $0.31 and a price of $46.16. What is the dividend yield? Enter your answer as a

Consider a stock that has a quarterly dividend of $0.31 and a price of $46.16. What is the dividend yield? Enter your answer as a percentage. Do not include the percentage sign in your answer.

Enter your response belowrounded to2 DECIMAL PLACES.

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