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An Internet company earned $7.20 per share and paid dividends of $5.60 per share. The company reported a dividend yield of 5
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Answer #1
Dividend per share $ 5.60
Dividend yield 5%
Dividend Yield = Dividend per share / Market Price per share
Price of stock = Dividend per share / Dividend Yield
= $ 112
Price of stock = $ 112
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