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You're analyzing the stock of a certain company. The most recent dividend paid was $3 dollars per share. The company's discount rate is 13%, and

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You're analyzing the stock of a certain company. The most recent dividend paid was $3 dollars per share. The company's discount rate is 13%, and the firm is expected to grow at 4% per year forever. What is the dividend yield of this stock? Enter your answer as a percentage, rounded without decimals and omitting the '\%' sign. For example, if your answer is 7.2%, then just enter 7

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