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For each of the following involuntary conversions,determine if the property qualifies as replacement property.
Dividend Yield Ratio
A financial ratio that shows how much a company pays out in dividends each year relative to its share price.
Par Value
A nominal value assigned to a security or stock as stated in the corporate charter.
Dividend Payout Ratio
This is a financial ratio that measures the percentage of earnings paid to shareholders in the form of dividends.
Net Income
The total profit or loss of a company after all revenues, costs, expenses, and taxes have been accounted for.
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