Marge Nelson bought 400 shares of BRN stock at $34. Commission charges were $0.20 per share. A dividend of $2.20 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)

Question

Marge Nelson bought 400 shares of BRN stock at $34. Commission charges were $0.20 per share. A dividend of $2.20 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)​

nasser alnasser · Accepted Answer

Final Answer : 6.43%​

Marge Nelson bought 400 shares of BRN stock at $34. Commission charges were $0.20 per share. A dividend of $2.20 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)

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Learning Objectives

Related questions

Marge Nelson bought 400 shares of BRN stock at $34. Commission charges were $0.20 per share. A dividend of $2.20 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)​

Definitions

Learning Objectives

Learning Objectives

Related questions

Marge Nelson bought 400 shares of BRN stock at $34. Commission charges were $0.20 per share. A dividend of $2.20 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)