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A property holding company declared a dividend of 10 per share for the common stock. If the common stock closes at $82, how large is the stock yield ratio on the investment? A) 11.20% B 12.02% C) 12.20% D) 10.02%

A property holding company declared a dividend of 10 per share for the common stock. If the common stock closes at $82, how large is the stock yield ratio on the investment? A) 11.20% B 12.02% C) 12.20% D) 10.02%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 12 A property holding company declared a dividend of $10 per share for the common stock. If the common stock closes at $82, how large is the stock yield ratio on the investment? A) 11.20% B) 12.02% C) 12.20% D) 10.02%
Transcribed Image Text:Question 12 A property holding company declared a dividend of $10 per share for the common stock. If the common stock closes at $82, how large is the stock yield ratio on the investment? A) 11.20% B) 12.02% C) 12.20% D) 10.02%
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