Frances bought 144 shares of dwyn horticulture for $7.73 apiece. her broker charged her a commission of $46.15 for the purchase. if the yearly dividend on dwyn horticulture is 61 cents per share, what is the annual yield on frances’s stock?

a.

0.0758

b.

0.0789

c.

0.0132

d.

0.0320

Option 'a' is correct.

Step-by-step explanation:

Since we have given that

Number of shares = 144

Price of per share = 47.73

Commission of brokers = $46.15

Total amount will be

As we know that

Dividend Per Share = Earnings Per Share x Dividend Payout Ratio

so, we have given that 61 percent per share.

So, it becomes,

Hence, Option 'a' is correct.

597

step-by-step explanation:

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step-by-step explanation: