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Choose the correct answer for each question.

[SEE CD FOR FUNCTIONALITY OF THIS EXERCISE]

1
New York Times stock closed at $42.17 today. Its dividend over the year was $.50. The yield was 1.1. Correct?
A)The yield is 1.2.
B)The yield is 2.
C)The yield is 1.
D)You cannot find the yield as you do not know the earnings of the Times over the past year.







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