Multiple Choice
A year ago, you bought some shares of CIA Company, which pays equal quarterly dividends.The income yield and the capital gain yield are 4.38 percent and 9.5 percent, respectively.The current price of CIA is $18.What was the quarterly dividend that CIA paid during the year?
A) $0.18
B) $0.41
C) $0.72
D) $1.64
Correct Answer:
Verified
Correct Answer:
Verified
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