nikolasmyrick nikolasmyrick

10-05-2024
Mathematics

contestada

#7.
yield?
Christine buys stock for $37.40 a share, the stock has a dividend of $1.67 per share what is her yield

Respuesta :

bowsrule22 bowsrule22

10-05-2024

37.4 by 1.67= ______

Answer Link

Wackletonn Wackletonn

10-05-2024

Answer: 4.46%

Step-by-step explanation:

Given that Christine buys the stock for $37.40 per share and the stock has a dividend of $1.67 per share,

Yield (%): 1.67/37.40 * 100%

Yield (%): 1.67/37.40 * 100%

Yield (%): 0.0446 * 100%

Yield (%): 4.446%

Answer Link

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