In 2011,the Dividend Yield on Abercrombie & Fitch (ANF)stock Fell

question 87

Multiple Choice

In 2011,the dividend yield on Abercrombie & Fitch (ANF) stock fell from a high of 1.39% in January to 0.96% in July.Which of the following would have generated that result?

• A) The closing price of ANF stock fell.
• B) ANF announced a decrease in the dividend it would pay per share.
• C) The price-earnings ratio rose.
• D) ANF issued bonds with a coupon rate equal to 1.39%.

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