Skyler Parts pays a constant annual dividend.Last year, the dividend yield was 3.75 percent when the stock was selling for $19.75 per share.What is the current price of the stock if the current dividend yield is 5 percent?
A) $17.81
B) $14.81
C) $17.92
D) $20.84
E) $21.37
Correct Answer:
Verified
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