The following stock of XYZ corporation is quoted in the market at bid 25 and...
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Accounting
The following stock of XYZ corporation is quoted in the market at bid 25 and offer 26. At what price would you buy security? If the dividends is $1.25 annual, what is the dividend yield?
a. 25, 5%
b. 26, 4.8%
c. 25.5, 4.9%
d. cannot determine
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