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For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 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 6 percent per year. Currently, the stock is selling for $69 per share and has a required return of 8.7 percent. What is the dividend yield?
Multiple Choice
5.0%
6.0%
5.3%
2.7%
6.6%

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