A stock just paid an annual dividend of $4.90 per share. The expected growth rate...
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A stock just paid an annual dividend of $4.90 per share. The expected growth rate of the dividend is 19.66%. The required rate of return for the stock is 22.37% per annum. Based on the Dividend Growth Model, what is the expected dividend yield for the stock for the coming year? Answer as a percentage, 2 decimal places (e.g., 12.34% as 12.34)
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