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For the past six years, the price of Slippery Rock stock has been increasing at a rate of 8.21 percent a year. Currently, the stock
For the past six years, the price of Slippery Rock stock has been increasing at a rate of 8.21 percent a year. Currently, the stock is priced at $43.40 a share and has a required return of 16.21 percent. What is the dividend yield?
8 percent
3.20 percent
16.21 percent
3.44 percent
4.28 percent
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