A Share Pays a Constant Annual Dividend and Sells for £31.11.If

question 30

Multiple Choice

A share pays a constant annual dividend and sells for £31.11.If the dividend yield of this equity is 9%, what is the dividend amount?

• A)£1.40
• B)£1.80
• C)£2.20
• D)£2.40
• E)£2.80

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