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Mary Blake is considering whether to buy stocks or bonds. She has a good understanding of the pros and cons of both. The stock she
Mary Blake is considering whether to buy stocks or bonds. She has a good understanding of the pros and cons of both. The stock she is looking at is trading at $59.25 with an annual dividend of $3.99. Meanwhile, the bond is trading at 96.25% with an annual interest rate of 11.5%. Calculate for Mary her yield for the stock and the bond. Note: Round your answers to the nearest tenth percent
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