SKYARC INDUSTRIES IS CURRENTLY PAYING A DIVIDEND OF $12.40 PER SHARE. IF THIS DIVIDEND WERE INCREASED BY $4.10, AND THE CURRENT STOCK PRICE IS $123.75, WHAT WOULD BE THE DIVIDEND YIELD? OPTIONS: A. 11.25% B. 12.50% c. 13.38% D. 14.00%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter12: The Cost Of Capital
Section: Chapter Questions
Problem 19P
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SKYARC INDUSTRIES IS CURRENTLY PAYING A DIVIDEND OF
$12.40 PER SHARE. IF THIS DIVIDEND WERE INCREASED BY
$4.10, AND THE CURRENT STOCK PRICE IS $123.75,
WHAT WOULD BE THE DIVIDEND YIELD?
OPTIONS:
A. 11.25%
B. 12.50%
c. 13.38%
D. 14.00%
Transcribed Image Text:SKYARC INDUSTRIES IS CURRENTLY PAYING A DIVIDEND OF $12.40 PER SHARE. IF THIS DIVIDEND WERE INCREASED BY $4.10, AND THE CURRENT STOCK PRICE IS $123.75, WHAT WOULD BE THE DIVIDEND YIELD? OPTIONS: A. 11.25% B. 12.50% c. 13.38% D. 14.00%
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