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Global Cable paid dividends of $0.28 and $0.16 per share last year. Given yesterday's closing price was $11.27, determine the current yield on the stock?
- Global Cable paid dividends of $0.28 and $0.16 per share last year. Given yesterday's closing price was $11.27, determine the current yield on the stock? Round to the nearest tenth.
2.The current yield on stock invested in Lynx Corporation is 4.2%. The dividend last year was $3.25 per share. What was the selling price of the stock?
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
