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Trades at the average price

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During the year 2016, ABC corporation payed dividend $3.20 per share and retained $4.30 per share. What was company's dividend yield if thought the year company's stock was trades at the average price of $80 per share?

  • 9%
  • 10%
  • 12%
  • None of the above

Reference no: EM131357579

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