You purchased 100 shares of stock for a share price of $17.59. You sold the stock...

Question

Question

business finance

Answer 1

Answer #1

dividend yield = Average Yearly Dividend/Average stock price.

Average yearly divided= $1.81/2 = $0.905

Average stock price = (17.59+18.27)/2
= $17.93

dividend yield = Average Yearly Dividend/Average stock price.

dividend yield = 0.905/17.93
= 5.047%

Answer 2

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