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Given the information shown here for NMOP Inc., calculate the dividend yield. Annual dividend = $32.4 Number of shares outstanding = 324,000 Current market value

Given the information shown here for NMOP Inc., calculate the dividend yield.

  • Annual dividend = $32.4
  • Number of shares outstanding = 324,000
  • Current market value per share = $120
  • Book value per share = $8

Multiple Choice

  • 108%

  • 40.5%

  • 27%

  • 54%

  • 67.5%

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