Multiple Choice
Fortunade Corporation stock has a price of $100 per share,a dividend of $1.60 per share,and retained earnings of $2.00 per share.The dividend yield on this stock is
A) 2.8 percent.
B) 2.0 percent.
C) 1.6 percent.
D) 0.4 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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