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For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 8.9 percent per year. Currently, the
For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 8.9 percent per year. Currently, the stock is selling for $86 per share and has a required return of 10.4 percent. What is the dividend yield?
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3.3%
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1.5%
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5.2%
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8.9%
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9.8%
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