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Question
The following information is available for Meyer Company:
Dividends per share of common stock $ 1.80
Market price per share of common stock 30.00
Which of the following statements is correct?
a. The dividend yield is 6.0%, which is of interest to investors seeking an increase in market price of their stocks.
b. The dividend yield is 6.0%, which is of special interest to investors seeking to earn revenue on their investments.
c. The dividend yield is 16.7%, which is of interest to bondholders.
d. The dividend yield is 16.7%, which is an important measure of solvency.
Answer
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