George Fuji bought 600 shares of TTV stock at $28. Commission charges were $0.20 per share. A dividend of $1.50 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)

Name: George Fuji bought 600 shares of TTV stock at $28. Commission charges were $0.20 per share. A dividend of $1.50 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)
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Question

George Fuji bought 600 shares of TTV stock at $28. Commission charges were $0.20 per share. A dividend of $1.50 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)​

Quizplus · Accepted Answer

The Answer is 5.32%​

George Fuji Bought 600 Shares of TTV Stock at $28