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Currently, 3 M Company pays an annual dividend of $ 2 . 8 5 . If the stock is selling for $ 7 5 ,

Currently,

3 M

Company pays an annual dividend of $

2.85 .

If the stock is selling for $

75,

what is the dividend yield?

(

Enter your answer as a percent rounded to

1

decimal place.

)

Dividend yield

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