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The management of Terrific Tom's Tortillas believes they will pay a dividend of 1.97 next year. Currently, a share costs 22.29. If we require a
The management of Terrific Tom's Tortillas believes they will pay a dividend of 1.97 next year. Currently, a share costs 22.29. If we require a return of 15% what is the firm's dividend yield? (Enter your response as a percentage with two decimal places, ex: 12.34)
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