The following information is available for Meyer Company: Dividends per share of common stock $1.80 Market price per share of common stock $30.00 Which of the following statements is correct? a. The dividend yield is 16.7%, which is an important measure of solvency. b. The dividend yield is 16.7%, which is of interest to bondholders. c. The dividend yield is 6.0%, which is of special interest to investors seeking to earn revenue on their investments. d. The dividend yield is 6.0%, which is of interest to investors seeking an increase in market price of their stocks.
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