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On October 25, Illinois Company had a market price per share of common stock of $33. For the previous year, it paid an annual dividend
On October 25, Illinois Company had a market price per share of common stock of $33. For the previous year, it paid an annual dividend of $2.31. What is the dividend yield for Illinois Company? a. 14% b. 7% C. 2% d. None of these choices are correct
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
