Asked by Arlissa Montano on May 14, 2024

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George Fuji bought 600 shares of TTV stock at $28. Commission charges were $0.20 per share. A dividend of $1.50 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)​

Commission Charges

Fees paid to brokers or agents for their services in facilitating transactions, typically a percentage of the transaction value.

Dividend

The number being divided.

Rate of Yield

A financial ratio that measures the annual return on an investment expressed as a percentage.

  • Calculate the rate of yield on stock investments.
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fatema naserMay 20, 2024
Final Answer :
5.32%​