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XYZ Corporation will increase its dividend by 25% per year for the next two years and then maintain a constant 4 percent growth rate. The

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XYZ Corporation will increase its dividend by 25% per year for the next two years and then maintain a constant 4 percent growth rate. The stock has a required return of 8% and the most recent dividend (paid yesterday) was $9.50. What is the dividend yield over the coming year? 3.351% 5.341% 3.872% 4.928%

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