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A stock pays a dividend of $3 annually. If the dividend yield is8.5%, what is the price of the stock?Enter your response below rounded to
A stock pays a dividend of $3 annually. If the dividend yield is8.5%, what is the price of the stock?Enter your response below rounded to 2 DECIMAL PLACES. 2 answers
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Survey of Accounting
Authors: Carl S Warren
5th Edition
9780538489737, 538749091, 538489731, 978-0538749091
