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The Huck Glove Co. paid its annual dividend of $1 yesterday. Analysts expect dividends to grow at 4% in perpetuity. Stockholders require a return of

The Huck Glove Co. paid its annual dividend of $1 yesterday. Analysts expect dividends to grow at 4% in perpetuity. Stockholders require a return of 9%. The stock is trading for $20.80. What is the dividend yield on the stock?

Select one:

a. 8%

b. 6%

c. 4%

d. 5%

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