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X-cell Inc declared and paid a $30.50 per share cash dividend during the current account period on its common stock. The current market value

X-cell Inc declared and paid a $30.50 per share cash dividend during the current account period on its common stock. The current market value of the X-cell Inc. stock is $122 per share. Calculate the dividend yield ratio. Please make sure your final answer(s) are accurate to 2 decimal places Dividend yield ratio =

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