The stock of Arbitrage Training is priced at $37 per share and has a dividend yield of 2.8 percent. The firm pays constant annual dividends. What is the amount of the next dividend per share? a. $1.20 b. $0.96 C. $1.15 d. $1.77 e. $1.04

The stock of Arbitrage Training is priced at $37 per share and has a dividend yield of 2.8 percent. The firm pays constant annual dividends. What is the amount of the next dividend per share? a. $1.20 b. $0.96 C. $1.15 d. $1.77 e. $1.04

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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Hii expert please given correct answer general Accounting question

The stock of Arbitrage Training is priced at $37 per
share and has a dividend yield of 2.8 percent. The
firm pays constant annual dividends.
What is the amount of the next dividend per share?
a. $1.20
b. $0.96
C. $1.15
d. $1.77
e. $1.04

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