Question
Suppose you purchased one share of ABC, Inc for $59.08 per share. The company paid a dividend of $4.11 per share during the year, and
Suppose you purchased one share of ABC, Inc for $59.08 per share. The company paid a dividend of $4.11 per share during the year, and had an ending share price of $79.34. What is the dividend yield? Note: Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
8th Edition
0324065914, 9780324065916
