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The next dividend payment by Delta will be $2.70 per share. The dividends are anticipated to maintain a growth rate of 6.75 percent forever. Assume

image text in transcribed The next dividend payment by Delta will be $2.70 per share. The dividends are anticipated to maintain a growth rate of 6.75 percent forever. Assume the stock currently sells for $49.00 per share. What is the dividend yield? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16

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