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Given the following information, what is the dividend yield between period 1 and period 2? Todays Dividend = $2.46 Expected Growth rate in dividends =

Given the following information, what is the dividend yield between period 1 and period 2?

Todays Dividend =

$2.46

Expected Growth rate in dividends =

4.04

Discount Rate (Required return) =

6.06

Calculate your answer to the nearest penny (e.g., 2.51)

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