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Some time ago, you purchased a share of Bon Stock for $56.63. When you sold the stock a year later, the price was $62.69, and

Some time ago, you purchased a share of Bon Stock for $56.63. When you sold the stock a year later, the price was $62.69, and while owning the stock you received a dividend of $1.53.

What was your dividend yield for owning Bon Stock? Answer must be in two decimal places

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