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Word Problem 21-25 (Algo) [LU 21-1 (1), LU 21-2 (1)] Mary Blake is considering whether to buy stocks or bonds. She has a good

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Word Problem 21-25 (Algo) [LU 21-1 (1), LU 21-2 (1)] 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 $73.50, with an annual dividend of $5.75. Meanwhile, the bond is trading at 94.75%, with an annual interest rate of 10%. Calculate for Mary her yield for the stock and the bond. (Round your answers to the nearest tenth percent.) Stock Bond Yield % %

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