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  3. foxburo company expects to pay a $2.45 per share c

Foxburo Company expects to pay a $2.45 per share cash dividend this year on its...

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Accounting

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Foxburo Company expects to pay a $2.45 per share cash dividend this year on its common stock. The current market value of Foxburo stock is $35.00 per share. Compute the expected dividend yield If a competitor with a dividend yield of 3% is considered an income stock, would we classity Foxburo as a growth or an income stock Complete this question by entering your answers in the tabs below. Dividend Yield Dividend Classification Compute the expected dividend yield. Choose Numerator Dividend Yield Choose Denominator 1 2 Dividend Yield Dividend Yield 098 DO Y Dividend Classification >

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