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3 years ago

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A stock pays a constant annual dividend and sells for $31.11 a share. if the dividend yield of this stock is 9 percent, what is

the dividend amount? $1.40 $1.80 $2.20 $2.40 $2.80

1 answer:

n200080 [17]3 years ago

5 0

The answer should be $2.80 because $31.11 x 9% = $2.80

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Answer:

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cash 3,000 credit

--to record issuance--

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3 years ago