BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Neil Rubins owns 200 shares of Cleveland Company stock. The stock ranged from a low of $42.35 to a high of $48.56 last year. The annual dividend is $1.75. What is the annual yield based on the high?
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3.6%
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6.9%
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1.75%
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2.35%
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Explanation:
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