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Based on the following the company's dividend yield on December 31 is 4.5% ($90,000 / [($25 + $15)/2]/100,000 Shares authorized Shares outstanding Dividends declared Market
Based on the following the company's dividend yield on December 31 is 4.5% ($90,000 / [($25 + $15)/2]/100,000 Shares authorized Shares outstanding Dividends declared Market price, start of the year (January 1) Market price, end of the year (December 31) 200,000 100,000 $90,000 $25 $15 This answer is correct O The correct answer is 3.6% [($90,000/100,000 shares) /$25 market price] The correct answer is 1.8% [($90,000/200,000 shares) /$25 market price] The correct answer is 3.0% [($90,000/150.000 average shares) /$20 average market price)
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