Multiple Choice
A company that has 25,000 shares of $5.00 par value common stock issued and outstanding paid a dividend of $0.40 per share. The market value of the stock is $16 per share. The company's dividend yield is
A) 2.5%
B) 400%
C) 16%
D) 40%
Correct Answer:
Verified
Correct Answer:
Verified
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