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The shares of Ynot Development Company sell for $29.50. The firm has a P/E ratlo of 17, and 25 percent of earnings are pald out

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The shares of Ynot Development Company sell for $29.50. The firm has a P/E ratlo of 17, and 25 percent of earnings are pald out in dividends. What is the dividend yleld? (Do not round Intermedlate calculatlons. Round the final answer to 1 decimal place.) Dividend yleld %

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