Problema stock is selling for 1210 a share given a market, Ask an Expert

Accounting

Problem:

A stock is selling for $12.10 a share given a market return of 15.00 percent and a capital gains yield of 5.40 percent.

Required:

Question: What was the amount of the last annual dividend that was paid?

Note: Provide support for your underlying principle.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168014

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