Calculate the stock dividend yield for the coming year

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Question: Chicago Bears Inc.'s stock currently sells for $50 per share. It must paid out a dividend of $2.25 per share. Its dividend is expected to grow at a constant rate of 3.5%. Calculate the stock's dividend yield for the coming year. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131955710

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