The Current Yield on Stock Invested in Linx Corporation Is

question 17

Short Answer

The current yield on stock invested in Linx Corporation is 4.2%. The dividend last year was $3.25 per share. What was the selling price of the stock?

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Definitions:

Dividends

Cash distributions made to shareholders by a corporation, typically from the company's earnings as profit.

Fair Value Option

An accounting choice giving companies the opportunity to measure financial assets and liabilities at their fair values with changes reflected in the income statement.

Net Income

Net income represents the total earnings of a company once all costs, expenses, and taxes are deducted from its total revenue.

Dividends

Dividends are a portion of a company's earnings distributed to shareholders, usually in the form of cash payments or additional stock.