Rupert purchased 100 shares of Clarke Corporation for $28 a share last year. Clarke Corporation stock currently sells for $30 a share and pays $0.90 a share annually in cash dividends. What is the dividend yield on this stock?
a. 12.0 percent
b. 2.8 percent
c. 3.0 percent
d. 3.2 percent
c
Business
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When museums charge a lower admission fee to students and senior citizens, this form of pricing is known as ________
A) perceived value pricing B) third-degree price discrimination C) first-degree price discrimination D) second-degree price discrimination E) psychological discounting
Business
Planning and control tools should reflect the culture of the organization to avoid potential
conflict. Indicate whether the statement is true or false
Business