Question 15 Not yet answered On April 28, 2020, an investor is considering an investment opportunity. He has determined that his investment horizon (i.e. the investment holding period) is only 90 days. Lannister Bank, Inc. has declared dividends of $0.50 per share payable on April 29, 2020. Additionally, the bank will issue bonus shares on a one-for-two basis. The closing price on April 28, 2020 for shares of Lannister Bank, Inc. is $28.32. Assume that the investor can purchase the shares at the theoretical valuation on April 29, 2020. The share price is expected to gain $0.11 per share by the time the investor sells the shares. Marked out of 1.00 P Flag question What is the yield to this investment? Select one: O a. 2.41% O b. 2.43% O c. 2.36% O d. None of the choices are correct Previous page Next page