17 Edison Corporation paid a dividend of $10 per share on its $100 par...
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Accounting
17
Edison Corporation paid a dividend of $10 per share on its $100 par preferred stock and $4 per share on its $20 par common stock. The market value of the common stock is $80 per share. Edison's dividend yield is
a. 10%
b. 5%
c. 20%
d. 25%
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