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  3. 17 edison corporation paid a dividend of $10 per

17 Edison Corporation paid a dividend of $10 per share on its $100 par...

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Question

Accounting

17

Edison Corporation paid a dividend of $10 per share on its $100 par preferred stock and $4 per share on its $20 par common stock. The market value of the common stock is $80 per share. Edison's dividend yield is

a. 10%

b. 5%

c. 20%

d. 25%

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