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  3. a company paid $0.90 in cash dividends per share.

A company paid $0.90 in cash dividends per share. Its earnings per share is $2.90,...

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Question

Accounting

A company paid $0.90 in cash dividends per share. Its earnings per share is $2.90, and its market price per share is $28.00. Its dividend yield equals:

3.2%.

10.4%.

32.2%.

31.0%.

3.2%.

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