Answered: Cremer Incorporated receives a dividend…

Cremer Incorporated receives a dividend of $5.23 per share. Today's closing price of the stock is $78888.81 The current stock yield to the nearest tenth of a percent is:

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

Cremer Incorporated receives a dividend of $5.23 per share. Today's closing price of the stock is $78888.81 The current stock yield to the nearest tenth of a percent is:

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