Question 18 • 26-27 Ignite Financial Literacy Personal Finance - EL3403
Frances’s total cost was 144 × $7.73 + $46.15 = $1,159.27. Her annual dividends total 144 × $0.61 = $87.84. The annual yield is $87.84 ÷ $1,159.27 ≈ 0.0758, so the correct choice is 0.0758.
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