QUESTION
45. The Triangle Store pays a constant dividend. Last year, the dividend yield was 5.4 percent when the stock was sellin
Category: Business
Subject: Finance
Due Date: 02/01/2016
Question Asked: 2016-02-01 10:54:12
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45. The Triangle Store
pays a constant dividend. Last year, the dividend yield was 5.4 percent when
the stock was selling for $18 a share. What must the stock price be today if
the market currently requires a 3.8 percent dividend yield on this stock?
A. $25.58
B. $14.76
C. $13.89
D. $23.16
E. $27.09
AVAILABLE ANSWERS
45. The Triangle Store pays a constant dividend. Last year, the dividend yield was 5.4 percent when the stock was sellin
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Posted on 2016-02-01 10:54:12
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Questions: 369
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