A particular stock sells for $43.20 share and provides a total return of 11.6 percent.The total return is evenly divided between the capital gains yield and the dividend yield.Assuming a constant dividend growth rate, what is the current dividend per share?
A) $2.24
B) $2.37
C) $2.34
D) $2.51
E) $2.47
Correct Answer:
Verified
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