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The price of Microprocessors, Inc. stock is expected to grow at a constant rate of 9% a year. Currently, the stock is priced at $56

The price of Microprocessors, Inc. stock is expected to grow at a constant rate of 9% a year. Currently, the stock is priced at $56 a share and has a required return of 13%. What is the dividend yield?

A. 4.00% B. 5.04% C. 7.28% D. 15.96% E. 22.00%

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