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The Wright Company paid total cash dividends of $200,000 on 25,000 outstanding common shares. On...

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Accounting

The Wright Company paid total cash dividends of $200,000 on 25,000 outstanding common shares. On the most recent trading day, the common shares sold at $80. What is this company's dividend yield? A) 10% B) 16.9% C) 6.4% D) 25%

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