At the market close on May 12, 2006, Bank of America Corporation had a closing stock price

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At the market close on May 12, 2006, Bank of America Corporation had a closing stock price of \(\$ 49.69\). In addition, Bank of America had earnings per share of \(\$ 4.05\) and dividend per share was \(\$ 1.95\). Determine Bank of America's dividend yield. Round to one decimal place.objs. 2, 3, 4, 6

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Financial Accounting

ISBN: 9780324380675

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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