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xxMikexx [17]
2 years ago
7

ABM Services paid a $4.15 annual dividend on a day it closed at a price of $54 per share. What

Mathematics
1 answer:
n200080 [17]2 years ago
6 0

Answer:

the yield is 7.68%

Step-by-step explanation:

The calculation of the yield is given  below:

we know that

Yield is

= Annual dividend ÷ Price per share

= $4.15 ÷ $54

= 7.68%

Here we divide the annual dividend by the price per share in order to determine the yield  

hence, the yield is 7.68%  

And, the same would be considered

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Answer:

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Step-by-step explanation:

As an example to back up the answer, when you have half of a dollar, that is $0.50, if you took a half (1/2) of $0.50 that would be one fourth (1/4) of a dollar, but half of 50 cents ($0.50) A similar thing is happening with this problem. When you have two numbers (2 and 4) when you multiply them together, they equal to eight (8) for this problem, when you multiply two exponents together, you are raising the coefficient (a real number like 6) to the power of 2, and then taking that number and multiplying it by the power of 4. This is similar to the half of 50 cents, is equal to 1/4 of dollar  ($0.25)

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