Multiple Choice
Use the following information to answer questions
On December 31, 2009 and 2010, the equity sections of Deveraux Corporation's balance sheet were as follows:
Total shares authorized, issued, and outstanding on December 31, 2010 are listed below. 2010 common and preferred dividends are also listed below.
Deveraux's 2010 net income is $200,000. The market price of the common stock in 2010 was $25 per share.
-The dividend yield on the common stock for 2010 was
A) 2.4%
B) 3.4%
C) 4.0%
D) 4.2%
E) 100.0%
Correct Answer:
Verified
Correct Answer:
Verified
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