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This information is the same for this question and the next two: A common stock is trading at $30 per share. Its expected dividend, to
This information is the same for this question and the next two: A common stock is trading at $30 per share. Its expected dividend, to be paid in one year, is $1.50 per share. Dividends are paid on an annual basis. The stock price is expected to be $33 per share one year from now. What is the dividend yield of the stock described above? (Express your answer as a percentage, if your answer is .025, type your
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