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Lovely Company reported earnings of $16 per share, cash flows of $20 per share, paid dividends of $2.4 per share, and the market price of

Lovely Company reported earnings of $16 per share, cash flows of $20 per share, paid dividends of $2.4 per share, and the market price of the stock was $30 per share on the last day of the year. What was Lovely's dividend yeild for the year?

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