A company with 20 million shares outstanding paid $36 million in dividends. If the current market value of the company's shares is $36, the current yield is
A) 5%
B) 2%
C) 10%
D) 15%
Answer: A) 5%
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) 5%
B) 2%
C) 10%
D) 15%
Answer: A) 5%