2. Last year, the dividend yield of a stock was 4.9% when the stock was sold...

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2. Last year, the dividend yield of a stock was 4.9% when the stock was sold for $43.50 per share. The stock pays a constant

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Answer 1

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2) Current price of the stock: = $43.50x4.9%/4% = $53.29 Hence, current stock price is $53.29 *Please rate thumbs up

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Add Answer to: 2. Last year, the dividend yield of a stock was 4.9% when the stock was sold...

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