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For the past six years, the price of Slippery Rock stock has been increasing at a rate of 9.6 percent a year. Currently, the stock
For the past six years, the price of Slippery Rock stock has been increasing at a rate of 9.6 percent a year. Currently, the stock is priced at $67 a share and has a required return of 10.8 percent. What is the dividend yield?
4.40 percent
1.20 percent
3.49 percent
4.28 percent
2.75 percent
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