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You bought a stock for $28 per share one year ago and the share price is now $30. There are 1.4 million shares outstanding. The

You bought a stock for $28 per share one year ago and the share price is now $30. There are 1.4 million shares outstanding. The company recently reported net income of $2 million. The annual dividend per share is $1. What is the dividend yield over the last year?

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