Jerome tries to find the value of the expression 3 - 6 + 5 by first applying the commutative property.He rewrites the expression
1 answer:
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Answer:
3.90%
Step-by-step explanation:
Relevant Data provided as per the question below:
Annual dividend = $0.28 and $0.16
Current per share = $11.27
According to the given situation, the calculation of the current yield of the stock is shown below:-
Current yield is
= 3.90%
Therefore for computing the current yield of the stock we simply applied the above formula.