Question: For Problems 3 and 4, determine the annual yield to the nearest hundredth of a percent. 3. You purchase TEK stock for $15.53 per
For Problems 3 and 4, determine the annual yield to the nearest hundredth of a percent. 3. You purchase TEK stock for $15.53 per share. Dividends are $1.48 per share. 4. You purchase CGW stock for $36.91 per share. Dividends are $0.14 per share.
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