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Suppose a company is expected to pay a dividend of $6.94 next year. The dividend is expected to grow at 2.38% each year. If
Suppose a company is expected to pay a dividend of $6.94 next year. The dividend is expected to grow at 2.38% each year. If the stock is currently selling for $27.78, 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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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
