A stock pays a constant annual dividend and sells for $31.11 a share. If the dividend yield of this stock is 9%,what is the dividend amount?
A) $1.40
B) $1.80
C) $2.20
D) $2.40
E) $2.80

Question

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The Answer of A stock pays a constant annual dividend and sells for $31.11 a share. If the dividend yield of this stock is 9%,what is the dividend amount?
A) $1.40
B) $1.80
C) $2.20
D) $2.40
E) $2.80

A Stock Pays a Constant Annual Dividend and Sells for $31.11