1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
anygoal [31]
3 years ago
15

The common shares of the Hiboux Ltd have a book value of $21.60 and a market value of $28.60. The company pays $0.28 in dividend

s each quarter. What is the dividend yield? A. 1.0% B. 1.3% C. 3.9% D. 5.2%
Business
1 answer:
Kay [80]3 years ago
8 0

Answer: Option (c) is correct.

Explanation:

Shares book value = $21.60

market value = $28.60

Pays dividend in each quarter = $0.28

Annual dividend = Dividend in each quarter × 4

= $0.28 × 4 ⇒ $1.12

Therefore,

Dividend yield = \frac{Annual\ Dividend}{Current\ Price}

= \frac{1.12}{28.60}

= 3.9% (approx.)

Hence, dividend yield is 3.9%.

You might be interested in
Nicole owns a small organic spice company called RaisaSpice and was looking for a new product to add to her company's line. A fr
DENIUS [597]

Answer:

Market Testing Stage

Explanation:

This was a new venture for Nicole. She wanted to try something new for the first time as compared to the normal business routine she had. So, she took the advice of her friend and combined spices after which, she distributed a first batch to grocery stores in Portland Seattle. She did this to test her product, to see how well customers would take this innovation. The feedback gained from the grocery stores she supplied to will be a determinant if she should continue mass production or not. That point is what we call Market testing stage.

6 0
4 years ago
A customer opens a margin account by purchasing 100 shares of ABC at $60 per share, depositing the 50% Regulation T requirement.
Scilla [17]

Answer:

Account Balance in margin account:

Investment = $6,000 (100 x $60)

The customer's account will first increase with an unrealized gain of $2,000 ($80 - 60 x 100) on the next day.  It will then decrease with an unrealized loss of $2,000 ($80 - 60 x 100) on the day after.  This cancels the earlier unrealized gain.

Explanation:

The customer's investment will now show a balance of $6,000 with a contra account showing a debt of $3,000 for the balance of the Regulation T margin account.  According to investopedia, "A margin account is a brokerage account in which the broker lends the customer cash to purchase stocks or other financial products.  The loan in the account is collateralized by the securities purchased and cash, and comes with a periodic interest rate."

5 0
3 years ago
Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho
tangare [24]
I say B. but maybe D
7 0
3 years ago
Read 2 more answers
According to Utilitarianism, my own happiness and the happiness of loved ones count more than the happiness of strangers.
8_murik_8 [283]
True



If wrong pls tell me
8 0
3 years ago
Read 2 more answers
ANSWER ASAPP. Changes in monetary policy occur when the Federal Reserve 1.adjusts business laws to affect the money supply. 2.ch
finlep [7]

Answer:

D

Explanation:

In the economic system, the monetary policies of the government are implemented through the banks.

Adjusting the rate of interest can only be done by the Federal Reserve.

All other options are under government fiscal policy.

4 0
3 years ago
Other questions:
  • Norgaard Corporation makes 8,000 units of part G25 each year. This part is used in one of the company's products. The company's
    12·1 answer
  • 1. Read the following scenario and answer the question in 5-10 sentences.
    10·1 answer
  • "A customer has an existing margin account and wants to write five covered calls against 500 shares of stock in the account. The
    6·1 answer
  • Lumina Inc. had 4,900 employees at the beginning of 2014. During the first half of the year, the company had no attrition. The c
    15·1 answer
  • Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $520,000. In addition to the purchase price, FVI makes the followi
    13·2 answers
  • Many of the skills required of a graphic designer can be learned.<br><br> True<br> False
    11·1 answer
  • "If our company achieves a high level of relational coordination, what can we expect in terms of employee behavior?" Check all t
    5·1 answer
  • Help with the a bove questions​
    6·1 answer
  • ou were hired as a consultant to Quigley Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equi
    6·1 answer
  • Privately owned media companies in the United States earn most of their revenue from a. subscriptions. b. charitable donations.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!