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For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 9.6 percent per year. Currently, the
For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 9.6 percent per year. Currently, the stock is selling for $78 per share and has a required return of 7.5 percent. What is the dividend yield?
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- 2.1%
- 7.5%
- 4.1%
- 8.2%
- 5.2%
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