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Orla bought some preferred shares for $67.30. The shares pay a semi-annually dividend of $1.55. One year later, the shares are trading at $64.30. Note:

Orla bought some preferred shares for $67.30. The shares pay a semi-annually dividend of $1.55. One year later, the shares are trading at $64.30. Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56%


What is Orla's income yield?

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