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Need a bit of help, Thanks! ABC just paid dividends of $5.89 on their common stock. The company expects the growth rate to be 7.9%
Need a bit of help, Thanks! 
ABC just paid dividends of $5.89 on their common stock. The company expects the growth rate to be 7.9% infinitely. If today's price of the stock is $67.21, what is the dividend yield? Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box Step by Step Solution
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Personal Finance For People In Addiction Recovery
Authors: Brandon Turner
1st Edition
1675917043, 978-1675917046
