Use the Following Information to Answer the Question(s)below

question 73

Multiple Choice

Use the following information to answer the question(s) below.
Rearden Metals has a current stock price of $30 share,is expected to pay a dividend of $1.20 in one year,and its expected price right after paying that dividend is $33.
-Rearden's expected dividend yield is closest to:

• A)3.40%.
• B)3.65%.
• C)4.00%.
• D)4.20%.

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Definitions:

Bulbourethral Gland

The bulbourethral gland, also known as Cowper's gland, is a pair of pea-sized glands located at the base of the penis that secrete a clear fluid during sexual arousal.

Ejaculatory Duct

A duct through which semen is ejaculated, extending from the vas deferens to the urethra.

Seminal Vesicle

A pair of glands that open into the vas deferens near its junction with the urethra and secrete many of the components of semen.