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Suppose you expect New Hampshire Lake Co . ( NHLC ) to pay an annual dividend of $ 1 . 1 per share in one
Suppose you expect New Hampshire Lake CoNHLC to pay an annual dividend of $ per share in one year and to trade for $ per share at the end of the year. If investments with equivalent risk to NHLCs stock have an expected return of what dividend yield would you expect? Write your answer as a percent, round to two decimal places.
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