Matt Company paid out $2.30 in dividends per share during 20B. The market price of the share on December 31, 20B was $21.00 per share. There were 15,000 shares of share outstanding for the entire year. What was the dividend yield as of December 31, 20B?
A) 10.95%
B) 913.04%
C) 16.43%
D) 9.13%
Correct Answer:
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