The current yield on stock invested in Lynx Corporation is 4.2%.  The dividend last year was $3.25 per share.  What was the selling price of the stock?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter14: Investing In Stocks And Bonds
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The current yield on stock invested in Lynx Corporation is 4.2%.  The dividend last year was $3.25 per share.  What was the selling price of the stock?

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