Suppose a company is expected to pay a dividend of $7.66 next year. The dividend is expected

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Suppose a company is expected to pay a dividend of $7.66 next year. The dividend is expected to grow at 8.6% each year. If the stock is currently selling for $47.14, what is the dividend yield?

Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box.

Posted Date: May 20, 2024 01:06 AM

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Suppose a company is expected to pay a dividend of $7.66 next year. The dividend is expected

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