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Dividend Yield At the market close on May 12 of a recent year, Sherman Corporation had a closing stock price of $130. In addition, Sherman

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Dividend Yield At the market close on May 12 of a recent year, Sherman Corporation had a closing stock price of $130. In addition, Sherman Corporation had a dividend per share of $5.33 during the previous year. Determine Sherman Corporation 's dividend yield. (Round to one decimal place.)

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