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| Personal Finance and Forex Share tips of the trade or ask questions regarding the best way to manage your personal accounts and savings. Where should you have your funds allocated in terms of liquidity, dollar leverage (against inflation) and retirement planning. |
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07-08-2008, 02:08 PM
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Personal finance....??
n investor in ABC Corporation common stock receives $7.50 per year in dividends on each share of stock she owns. She bought 40 shares 2 years ago for $35 per share. The stock price has now reached $45 per share. The current yield (rounded to the nearest tenth of a percent) is __________ percent.
16.7 18.8 21.4 28.6
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07-08-2008, 02:10 PM
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Looks like 7.5/45 = 16.7% Not many companies paying that kind of yield.
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