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If the Quoted Dividend Yield in the Paper Was 2

Question 4

Multiple Choice

If the quoted dividend yield in the paper was 2.2% and the dividend was listed as $0.72 what price is used in the calculation of dividend yield?

A) the day open of $32.15.
B) the day low of $32.
C) the day close of $32.75.
D) the day high of $33.50.

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