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You buy 50 shares of company stock at $99 per share. There is a $50 broker’s fee. The company pays an annual dividend of $1.50 per share. What is the annual yield?
a) 1.47%
b) 1.50%
c) 1.52%
d) 1.55%

Respuesta :

Samawati

Answer:

=1.52%

Explanation:

Dividend yield represents the dividends earned per share. It is calculated by dividing the annual dividend per share divided by the stock's price per share.

In this case,  the annual yield

=Dividend earned/  price per share x 100

=$1.50/99 x 100

=0.0151515 x 100

=1.5151

=1.52%

Parrain

Based on the cost of the shares and the broker's fee, the annual yield that you get is B.1.5%.

What is the annual yield?

First, find out how much you paid in total for the shares:

= (99 x 50) + 50 broker fee

= $5,000

The annual yield is:

= (1.50 x 50 shares) / 5,000

= 1.5%

Find out more on annual yield at https://brainly.com/question/27878436.

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