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assume that a firm has a stock price of $40. the firm announce the will issues quarterly dividend $0.35. if firm expect to report quary

assume that a firm has a stock price of $40. the firm announce the will issues quarterly dividend $0.35. if firm expect to report quary earnings of $0.92 per share whats the firm dividend?
a. 38%
b. 3.5%
c. 9.2%
d. 12.7 %

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