menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Corporate Finance Study Set 4
  4. Exam
    Exam 9: Stock Valuation
  5. Question
    A Stock Pays a Constant Annual Dividend and Sells for $31.11
Solved

A Stock Pays a Constant Annual Dividend and Sells for $31.11

Question 33

Question 33

Multiple Choice

A stock pays a constant annual dividend and sells for $31.11 a share.If the dividend yield of this stock is 9 percent,what is the dividend amount?


A) $1.40
B) $1.80
C) $2.20
D) $2.40
E) $2.80

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q28: You have decided to purchase shares of

Q29: The free cash flow model is most

Q30: In the formula,P<sub>3</sub> = D<sub>x</sub>/(R − g),the

Q31: The total return on a stock is

Q32: The constant dividend growth model:<br>A)is more complex

Q34: Explain the differences between a market order,a

Q35: Yesterday,Railway Tours paid its annual dividend of

Q36: NASDAQ:<br>A)has a single trading floor located in

Q37: Lory Company had net earnings of $127,000

Q38: Upland Motors recently paid a per share

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines