A company paid cash dividends of $0.81 per share. Its earnings per share is $6.95 and its

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A company paid cash dividends of $0.81 per share. Its earnings per share is $6.95 and its market price per share is $45.00. Its dividend yield is

a. 1.8%.

b. 11.7%.

c. 15.4%.

d. 55.6%.

e. 8.6%.

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