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The required return on Sapphire Co.'s stock is 11.5 percent and the dividend growth rate is 3 percent. The stock is currently selling for $55.50

The required return on Sapphire Co.'s stock is 11.5 percent and the dividend growth rate is 3 percent. The stock is currently selling for $55.50 a share. What is the dividend yield? 0 6.25 percent 8.50 percent 07.12 percent 0 5.49 percent

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