Ovit, Inc., has preferred stock with a price of $18.14 and a dividend of $1.26 per year.
Question:
Ovit, Inc., has preferred stock with a price of $18.14 and a dividend of $1.26 per year.
What is its dividend yield?
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The dividend yield of a preferred stock is calculated by dividing the annual di...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Question Posted:
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