Zyco Corp pays an annual dividend of $2.10 per share. On Tuesday it closed at $72 per share with a net change of 10.95. 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 was the yield at Monday’s close? Round to the nearest tenth of a percent.