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Howard Company has net income of $15,000 in income. It paid dividends of $1.00 on its 6000 shares of stock. He market price of the

Howard Company has net income of $15,000 in income. It paid dividends of $1.00 on its

6000 shares of stock. He market price of the stock was $20.

What was the dividends yield?

20%

5%

7.5%

10%

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