Question
Mary Blake is considering whether to buy stocks or bonds. She has a good understanding of the pros and cons of both. The stock
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 $76.50, with an annual dividend of $6.75. Meanwhile, the bond is trading at 95.75%, with an annual interest rate of 10.5%. Calculate for Mary her yield for the stock and the bond. Note: Round your answers to the nearest tenth percent. Stock Bond X Answer is not complete. Yield 8.8 % %
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Stock Yield Divide the annual dividend by the current stock price Stock Yield 675 ...Get Instant Access to Expert-Tailored Solutions
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