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

label Business & Finance
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

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

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Apr 26th, 2015
...
Apr 26th, 2015
Jun 28th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer