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You're analyzing the stock of a certain company. The most recent dividend paid was $8 dollars per share. The company's discount rate is 10%, and

You're analyzing the stock of a certain company. The most recent dividend paid was $8 dollars per share. The company's discount rate is 10%, and the firm is expected to grow at 3% per year forever.

What is the dividend yield of this stock?

Enter your answer as a percentage, without decimals and omitting the '%' sign.

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