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For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 7 . 8 percent per year.

For the past six years, the stock price of Slippery Rock Mining has been increasing at a
rate of 7.8 percent per year. Currently, the stock is selling for $80 per share and has a
required return of 9.8 percent. What is the dividend yield?
Multiple Choice
5.2%
3.9%
8.6%
2.0%
7.8%
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