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You are a York College, cUNY, graduate and is a financial advisor at one of Wall Street Investment banks. You are tasked with identifying legacy

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You are a York College, cUNY, graduate and is a financial advisor at one of Wall Street Investment banks. You are tasked with identifying legacy companies to invest in. These companies have a history of constantly paying dividends to their shareholders. Below are vital information relating to those companies: A. Please describe, in more than 50 words, what a dividend yield is, and why it is important to the potential investors. B. Please calculate the dividend yield for each company. Please describe to the potential investor what amount each company will pay, based on the dividend yield, if the entire $5 million was invested in each company. The dividend yield formula is: Annualized Dividend per common stock / Market price per common stock. C. Please describe, in more than 50 words, the dividend payout ratio and explain why it is important to the potential investor. D. Please calculate the dividend payout ratio for each company, and which company would you recommend to the potential investor who wants the highest payout ratio. The formula is: Dividend Paid / Net Income E. Please calculate the earnings retained after the payment of dividend for each company. Which one of the companies retained a greater portion of their net income? Please provide three probable reasons why it retained the net income rather than paying it out to the shareholders. Formula is: 1 - dividend payout ratio. F. Based on the above calculations, which company would you recommend the potential investor to invest the $5 million dollars in, and why? Please answer in more than 100 words

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