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Tallyar Corp. pays out 28% of its earnings as dividends. Currently, Tallyar Corp. reports that its earnings per share are $1.93 and that its stock

Tallyar Corp. pays out 28% of its earnings as dividends. Currently, Tallyar Corp. reports that its earnings per share are $1.93 and that its stock is selling in the market for $48.07. What is Tallyar's dividend yield? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%).

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