You rounded your number to the 100,000's (hundred thousands)
The answer is C.
I added the fractions of the leftovers together and I got 25/24.
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.
Ounces would be in the denominator of your ratio.
Converting ounces to pounds you would simply divide by 16 :)
Have a great rest of your day! Good luck!