Question
Rupert purchased 100 shares of Clarke Corporation for $28 a share last year. Clarke Corporation stock currently sells for $30 a share and pays
Rupert purchased 100 shares of Clarke Corporation for $28 a share last year. Clarke Corporation stock currently sells for $30 a share and pays $0.90 a share annually in cash dividends. What is the dividend yield on this stock? O 12.0 percent O 2.8 percent O 3 percent O 3.2 percent
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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