allierl2001
17.10.2020 •
Business
A stock quote indicates a stock price of $85 and a dividend yield of 4%. The latest quarterly dividend received by stock investors must have been per share. Multiple Choice $1.70 $3.40 $0.85 $2.55
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Ответ:
Quarterly dividend = $0.85
Explanation:
Shares are instruments that are used to obtain funds by businesses. Buyers of shares get ownership of part of the company in exchange for their money invested.
As a way to motivate investors to buy, companies quote a dividend payout to investors.
In the given scenario the dividend yield is 4% on a $85 stock
The yield is yearly
Yearly dividend = $85 * 0.04 = $3.4
We are required to get the quarterly dividend
Quarterly dividend = 3.4 ÷ 4
Quarterly dividend = $0.85
Ответ:
Sure. I'm in 10th. Just let me know if you need anything.