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how is the explanation and the formula to calculate ? The following financial information relates to Alpo Pic for the last financial year: Number of

how is the explanation and the formula to calculate ?

image text in transcribed The following financial information relates to Alpo Pic for the last financial year: Number of issued shares = 120 million Total annual dividends = $15 million Market price of share = $2.50 Calculate Alpo Pic's dividend yield. [4 marks]

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