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Foxburo Company expects to pay a $2.08 per share cash dividend this year on its common stock. The current market value of Foxburo stock is

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Foxburo Company expects to pay a $2.08 per share cash dividend this year on its common stock. The current market value of Foxburo stock is $32.00 per share. Compute the expected dividend yield. If a competitor with a dividend yield of 3% is considered an income stock, would we classify Foxburo as a growth or an income stock? Complete this question by entering your answers in the tabs below. Compute the expected dividend yield. Complete this question by entering your answers in the tabs below. If a competitor with a dividend yield of 3% is considered an income stock, would we classify Foxburo as a growth or an income stock

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