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A Company's Stock Is Selling for $35 Per Share at Year-End.This

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A company's stock is selling for $35 per share at year-end.This current year it paid shareholders a $2.45 per share cash dividend,reported earnings per share of $12.00,and had 750,000 common shares outstanding at year-end.Calculate the company's dividend yield.

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Dividend Yield = Cas...

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