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Question 6 1 pts Suppose a company is expected to pay a dividend of $11.38 next year. The dividend is expected to grow at 6.48%

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Question 6 1 pts Suppose a company is expected to pay a dividend of $11.38 next year. The dividend is expected to grow at 6.48% each year. If the stock is currently selling for $24.91, what is the dividend yield? Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box

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