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Rupert purchased 100 shares of Clarke Corporation for $28 a share last year. Clarke Corporation stock currently sells for $30 a share and pays $0.90

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Rupert purchased 100 shares of Clarke Corporation for $28 a share last year. Clarke Corporation stock currently sells for $30 a share and pays $0.90 a share annually in cash dividends. What is the dividend yield on this stock? O 12.0 percent 2.8 percent 3 percent 3.2 percent

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