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Please answer this question using EXCEL FORMULAS. The next annual dividend payment by Bristol - Myers Squibb is expected to be $ 7 . 9

Please answer this question using EXCEL FORMULAS. The next annual dividend payment by Bristol

-

Myers Squibb is expected to be $

7.90

per share. The dividends are anticipated to maintain

8.5 %

growth rate per year for the foreseeable future and the stock currently sells for $

64

per share. What is the annual dividend yield?

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