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The assets of a mutual fund are $50 million. The liabilities are $10 million. If the fund has 1,000,000 shares outstanding and pays a $4

The assets of a mutual fund are $50 million. The liabilities are $10 million. If the fund has 1,000,000 shares outstanding and pays a $4 dividend, what is the dividend yield?

Select one:

A. 7.5%

B. 15%

C. 5%

D. 20%

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