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QUESTION

For the past five years, the price of Microprocessors, Inc. stock has been increasing at a rate of 9 percent a year.

 For the past five years, the price of Microprocessors, Inc. stock has been increasing at a rate of 9 percent a year. Currently, the stock is priced at $56 a share and has a required return of 13 percent. What is the dividend yield? 

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