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Monsters, Inc. common stock is selling for $40 a share and has a dividend yield of 4 percent. What is the dividend amount? O $1.60

Monsters, Inc. common stock is selling for $40 a share and has a dividend yield of 4 percent. What is the dividend amount? O $1.60 None of the answers is correct O $41.60 $1000,00 $1.15

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