Orla bought some preferred shares for $67.30. The shares pay a semi-annually dividend of $1.55. One year later, the shares are trading at $64.30. Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56%

What is Orla's income yield?

Answer rating: 100% (QA)

To calculate Orlas income yield on the preferred shares we first need to determine the a... View the full answer