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The Following Information Is Available for Meyer Company  Dividends per share of common stock $1.80 Market price per share of common stock $30.00\begin{array}{lr}\text { Dividends per share of common stock } & \$ 1.80 \\\text { Market price per share of common stock } & \$ 30.00\end{array}

Question 28

Multiple Choice

The following information is available for Meyer Company:?  Dividends per share of common stock $1.80 Market price per share of common stock $30.00\begin{array}{lr}\text { Dividends per share of common stock } & \$ 1.80 \\\text { Market price per share of common stock } & \$ 30.00\end{array} Which of the following statements is correct?


A) The dividend yield is 6.0%, which is of interest to investors seeking an increase in market price of their stocks.
B) The dividend yield is 6.0%, which is of special interest to investors seeking to earn revenue on their investments.
C) The dividend yield is 16.7%, which is of interest to bondholders.
D) The dividend yield is 16.7%, which is an important measure of solvency.

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