The Following Information Is Available for Meyer Company $\begin{array}{lr}\text { Dividends per share of common stock } & \$ 1.80 \\\text { Market price per share of common stock } & \$ 30.00\end{array}$

question 28

Multiple Choice

The following information is available for Meyer Company:? $\begin{array}{lr}\text { Dividends per share of common stock } & \$ 1.80 \\\text { Market price per share of common stock } & \$ 30.00\end{array}$ Which of the following statements is correct?

• A) The dividend yield is 6.0%, which is of interest to investors seeking an increase in market price of their stocks.
• B) The dividend yield is 6.0%, which is of special interest to investors seeking to earn revenue on their investments.
• C) The dividend yield is 16.7%, which is of interest to bondholders.
• D) The dividend yield is 16.7%, which is an important measure of solvency.

---

Definitions:

Single-Dimensional Array

An array consisting of a sequence of elements in a single row or column, accessed by a single index.

One-Dimensional Array

A linear list of elements that are accessed with a single index, storing elements of the same data type.

Array Component

A single element or value stored within an array.