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%

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter14: Distributions To Shareholders: Dividends And Repurchases
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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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