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Rearden Metals has a current stock price of $30 share, is expected to pay a dividend of $1.20 in one year, and its expected price

Rearden Metals has a current stock price of $30 share, is expected to pay a dividend of $1.20 in one year, and its expected price right after paying that dividend is $33.Rearden's expected dividend yield is closest to:

A) 3.40%

B) 3.65%

C) 4.00%

D) 4.20%

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