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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 $230. In addition, Sherman

Dividend Yield

At the market close on May 12 of a recent year, Sherman Corporation had a closing stock price of $230. In addition, Sherman Corporation had a dividend per share of $12.88 during the previous year.

Determine Sherman Corporations dividend yield. (Round to one decimal place.) %

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