10
QuizMultiple Choice

Stocks vs. Bonds

Question 10 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Say that your broker charges you a commission of $1,340.75 for your purchase of 258 shares of stock in Ergar Appliances. If Ergar Appliances has a list price of $73.96 and pays a dividend of $11.45 per share, what is your annual yield?

Answer
A
0.1548
B
0.1446
C
0.1924
D
0.0691
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