Margaret Jones bought 1,000 shares of DVG stock at $26. Commission charges were $0.20 per share. A dividend of $1.10 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)

Question

Margaret Jones bought 1,000 shares of DVG stock at $26. Commission charges were $0.20 per share. A dividend of $1.10 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)​

Himakshi Gurjar · Accepted Answer

Final Answer : 4.20%​

Margaret Jones bought 1,000 shares of DVG stock at $26. Commission charges were $0.20 per share. A dividend of $1.10 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)

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Learning Objectives

Learning Objectives

Related questions

Margaret Jones bought 1,000 shares of DVG stock at $26. Commission charges were $0.20 per share. A dividend of $1.10 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)​

Definitions

Learning Objectives

Learning Objectives

Related questions

Margaret Jones bought 1,000 shares of DVG stock at $26. Commission charges were $0.20 per share. A dividend of $1.10 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)