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The common shares of the Golden State Company have a book value of $12.80 and a market value of $22.40. The company pays $0.75 in

The common shares of the Golden State Company have a book value of $12.80 and a market value of $22.40. The company pays $0.75 in dividends this year. What is the dividend yield?

Answers:

2.64%

4.40%

3.35%

5.86%

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