Multiple Choice
Given the information shown here for NMOP Inc., calculate the dividend yield.
• Annual dividend = $4.00
• Number of shares outstanding = 40,000
• Current market price per share = $40.00
• Book value per share = $8.00
A) 10%
B) 15%
C) 20%
D) 25%
E) 40%
Correct Answer:
Verified
Correct Answer:
Verified
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