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What is the dividend yield

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Problem - Jenniper Construction's common stock is currently selling for $36.25 per share. The company has been growing at a constant rate of4 percent during the past decade, and this trend is expected to continue long into the future. If investors require a 12 percent rate of return to invest in Jenniper, what is the dividend yield that is associated with the company's stock?

Reference no: EM132977128

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