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For the past five years, the price of Turtles, Inc., stock has been increasing at a rate of 5 percent a year. Currently, the stock

For the past five years, the price of Turtles, Inc., stock has been increasing at a rate of 5 percent a year. Currently, the stock is priced at $42 a share and has a required return of 12 percent. What is the dividend yield? ANSWER IS: 7.00 PERCENT PLEASE SHOW WORK WITHOUT EXCEL

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