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  3. Study Set
    Contemporary Financial Management Study Set 2
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    Exam 8: Common Stock: Characteristics, Valuation, and Issuance
  5. Question
    What Is the Current Value of the Common Stock of Clump
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What Is the Current Value of the Common Stock of Clump

Question 74

Question 74

Multiple Choice

What is the current value of the common stock of Clump Dump Kitty Litter, Ltd., if you know the current dividend yield is 6.14%, the PE is 16, and the annual dividend is $1.35?


A) $21.60
B) $21.99
C) $8.29
D) $98.24

Correct Answer:

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