Assume that a firm has a stock price of $40. The firm announces that it...
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Accounting
Assume that a firm has a stock price of $40. The firm announces that it will issue a quarterly dividend of 50.35. If the firm is expected to report quarterly earnings of $0.92 per share, what is the firm's dividend yield? 38.0 percent 3.5 percent 9.2 percent 12.7 percent
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