Given the Information Shown Here for NMOP Inc

question 7

Multiple Choice

Given the information shown here for NMOP Inc.,calculate the dividend yield.
• Annual dividend = $4.00
• Current market value per share = $60.00

• A) 6.7%.
• B) $0.67.
• C) 15%.
• D) $1.50.
• E) Need more information to calculate.

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Definitions:

Provost

A senior administrative officer in a college or university, typically responsible for academic and administrative affairs.

Affirming the Consequent

A logical fallacy where one incorrectly infers a cause from an effect.

Thermostat

A device that automatically regulates temperature or turns systems on or off when the temperature reaches a certain point.