What is the current price of stock the current dividend


Assignment:

Jones Footwear pays a constant annual dividend. Last year, the dividend yield was 2.8 percent when the stock was selling for $26 a share. What is the current price of the stock if the current dividend yield is 3.1 percent?

$21.19

$23.48

$25.20

$26.87

$27.40

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Corporate Finance: What is the current price of stock the current dividend
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