The Following Information Pertains to Patterson Corporation

question 106

Multiple Choice

The following information pertains to Patterson Corporation.Assume that all balance sheet amounts represent both average and ending figures. Patterson Corporation had 6,000 shares of common stock issued and outstanding.The market price of Patterson common stock on December 31,20x5,was $20.Patterson paid dividends of $2.50 per share during 20x5.
What is the dividend yield of this corporation? Round your answer to two decimal places.

• A)12.5 percent
• B)18.75 percent
• C)9.90 percent
• D)6.25 percent

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Definitions:

Conditioned Response (CR)

A learned response to a previously neutral stimulus that has become conditioned through association with an unconditioned stimulus.

Conditioned Response (CR)

A learned response to a previously neutral stimulus that has been repeatedly paired with an unconditioned stimulus.

Classical Conditioning

Classical conditioning is a learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Conditioned Stimulus (CS)

A stimulus that was once neutral but, after being paired with a fundamental stimulus, ultimately induces a learned reaction.