14) Find the current yield of a corporation that reported a dividend of $0.89 an

Business & Finance
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14) Find the current yield of a corporation that reported a dividend of $0.89 and a closing price of $21.93. Round to the nearest tenth of a percent. 

A) 24.6%

B) 4.1% 

C) 0.4% 

D) 2.5%

Apr 26th, 2015

B) 4.1%

The return on the investment of 21.93 is the dividend of .89. .89/21.93 is 4.1%

Apr 26th, 2015

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