In 2013,the Dividend Yield on Abercrombie & Fitch (ANF)stock Rose

question 224

Multiple Choice

In 2013,the dividend yield on Abercrombie & Fitch (ANF) stock rose from a low of 1.33% in May to 2.24% in October.Which of the following would have generated that result?

• A)The closing price of ANF stock rose.
• B)ANF announced an increase in the dividend it would pay per share.
• C)The price-earnings ratio fell.
• D)ANF issued bonds with a coupon rate equal to 2.24%.

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