Multiple Choice
Last year,Shadow Corporation's dividend on common stock was $9.90 per share and the dividend on preferred stock was $1.00 per share.The market price of common stock at the end of the year was $68.10 per share.The dividend yield ratio is closest to:
A) 0.15
B) 0.16
C) 0.91
D) 0.01
Correct Answer:
Verified
Correct Answer:
Verified
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