Main Street Company paid out $2.30 in dividends per share and had earnings per share of $5.00 during 2010.The market price of the stock on December 31,2010 was $21.00 per share.There were 15,000 shares of stock outstanding for the entire year.What was the dividend yield as of December 31,2010?
A) 16.43%.
B) 10.95%.
C) 9.13%.
D) 46.00%.
Correct Answer:
Verified
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