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17. Need assistance to solve the following: Wakon Company earned $4.15 per share and paid dividends of $1.02 per share. The company reported a dividend

17. Need assistance to solve the following: image text in transcribed

Wakon Company earned $4.15 per share and paid dividends of $1.02 per share. The company reported a dividend yield of 3 percent. What was the price of Wakon's stock? (Round your answers to 2 decimal places.) Check my work

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