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Wakon Company eamed $5.25 per share and paid dividends of $2.25 per share. The company
reported a dividend yieid of 5 percent. What was the price of Wakon's stock? (Round your
answer to 2 decimal places.)

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Wakon Company eamed $5-25 per share and paid dividends of $2-25 per sh.pdf

  • 1. Wakon Company eamed $5.25 per share and paid dividends of $2.25 per share. The company reported a dividend yieid of 5 percent. What was the price of Wakon's stock? (Round your answer to 2 decimal places.)