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The next dividend payment by Hoffman, Inc., will be $2.65 per share. Th anticipated to maintain a growth rate of 6.5 percent forever. Assume the

The next dividend payment by Hoffman, Inc., will be $2.65 per share. Th anticipated to maintain a growth rate of 6.5 percent forever. Assume the sells for $48.90 per share. a. What is the dividend yi...

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