000 SHARES OF $10 PAR VALUE COMMON STOCK OUTSTANDING AND 5,000 SHA...
100,000 shares of $10 par value common stock outstanding and 5,000 shares of common
stock in treasury during the year. Mayson declared and paid $1 per share dividends on
common stock. The market price per common share at the end of last year was $30. The
company’s dividend yield for the year was
a.
30.03%.
b.
28.57%.
c.
11.11%.
d.
3.33%.