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AFK Inc'S Next Dividend Payment Will Be $4

Question 220

Multiple Choice

AFK Inc.'s next dividend payment will be $4.00 per share. The dividends are anticipated to maintain a 5% growth rate forever. If AFK stock currently sells for $20 per share, what is the dividend yield?


A) 20%
B) 25%
C) 12.5%
D) 5%

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