The Zyco Corporation pays an annual dividend of $2 10 per share On Tuesday it closed at $72 per share with a net change of 0 95 The dividend remained at $2 10 for several months a What was the yield on Tuesday Round to the nearest tenth of a percent b At what price did Zyco close on Monday c What w...

The Zyco Corporation pays an annual dividend of $2.10 per share. On Tuesday it closed at $72

Question:

The Zyco pays an annual of $2.10 per share. On Tuesday it closed at $72 per share with a net change of + 0.95. The remained at $2.10 for several months.
a. What was the yield on Tuesday? Round to the nearest tenth of a percent.
b. At what price did Zyco close on Monday?
c. What was the yield at Monday's close? Round to the nearest tenth of a percent.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...