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Business, 05.02.2021 22:00 glowbaby123
On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per share. For the previous year, Zack paid an annual dividend of $3.90 per share. Zack's gross revenues and net income was $5,000,000 and $2,500,000, respectively. The dividend yield for Zack Corporation would be:a) 8%.b) 0.8%.c) 39%.d) None of these choices are correct.
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On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stoc...
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