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You are assessing the common stock of French pharmaceutical company Sanofi SA. If you determine that g (which is constant) = 3.5%, D0 = $2.25,

You are assessing the common stock of French pharmaceutical company Sanofi SA. If you determine that g (which is constant) = 3.5%, D0 = $2.25, and P0 = $50, what is the stocks expected dividend yield for the coming year? [Type in your answer to the nearest 10th of a %].

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