SSS Limited paid a dividend of ₱434 per share last  If yesterday’s last price was ₱4,650, what is the current yield on the stock?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter11: Determining The Cost Of Capital
Section: Chapter Questions
Problem 13P: The Cost of Equity and Flotation Costs Messman Manufacturing will issue common stock to the public...
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  1. SSS Limited paid a dividend of ₱434 per share last  If yesterday’s last price was ₱4,650, what is the current yield on the stock?

 

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