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Leflore Corporation Has Provided the Following Data: Dividends on Common

Question 183

Multiple Choice

Leflore Corporation has provided the following data: Leflore Corporation has provided the following data: Dividends on common stock during Year 2 totaled $6,000. The market price of common stock at the end of Year 2 was $1.38 per share. The company's dividend yield ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) A) 4.3% B) 1.2% C) 35.0% D) 50.0% Dividends on common stock during Year 2 totaled $6,000. The market price of common stock at the end of Year 2 was $1.38 per share. The company's dividend yield ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)


A) 4.3%
B) 1.2%
C) 35.0%
D) 50.0%

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