Maple Corporation Is Expected to Pay an Annual Dividend of $0.45

question 88

Multiple Choice

Maple Corporation is expected to pay an annual dividend of $0.45 per share in the coming year,and to trade for $12.50 at the end of the year.If investments with the same risk as Maple's stock have an expected return of 6.95%,what is Maple's dividend yield?

• A)3.7%
• B)3.6%
• C)3.5%
• D)4.0%
• E)3.4%

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Definitions:

Adjustments Column

A column in accounting ledgers or spreadsheets used for recording adjustments to initial entries for correct financial representation.

Supplies Used

Items consumed during the normal course of business operations, recognized as an expense as they are used.

Work Sheet

An internal document used by accountants to prepare financial statements, gather and adjust entries.

Balance Sheet Columns

Sections in a balance sheet presenting assets, liabilities, and shareholders' equity at a specific point in time.