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Currently, Digby is paying a dividend of $16.30 (per share). If this dividend were raised by $3.64, given its current stock price what would be

Currently, Digby is paying a dividend of $16.30 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield? Select: 1 $19.94 $3.64 8.7% 10.6%

DO NO FROM CHEGG I NEED A FULL EXPLANATION

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