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In 2013,the Dividend Yield on Abercrombie & Fitch (ANF)stock Rose

Question 133

Multiple Choice

In 2013,the dividend yield on Abercrombie & Fitch (ANF) stock rose from a low of 1.33% in May to 2.24% in October.Which of the following would have generated that result?


A) The closing price of ANF stock rose.
B) ANF announced an increase in the dividend it would pay per share.
C) The price-earnings ratio fell.
D) ANF issued bonds with a coupon rate equal to 2.24%.

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