Becky Martinez paid $65 a share for stock in GBX Corporation.The stock has a current market value of $48 a share and pays $1.60 a year in dividends per share.What is the dividend yield rounded to the nearest tenth of a percent?
A) 2.5 percent
B) 7.4 percent
C) 3.3 percent
D) 30.0 percent
E) 40.0 percent.
Correct Answer:
Verified
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