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Posted on May 19, 2024

Suppose a corporation sells stock at $ 7 per share. Compute the dividend yield if the total dividend for the quarter is $ 1 0

Suppose a corporation sells stock at $

7

per share. Compute the dividend yield if the total dividend for the quarter is $

106, 401

distributed among

1, 743, 944

shares.

Round your answer to the nearest tenth of a percent.

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