The Zeescore Corporation pays an annual dividend of $2 per share. On Wednesday it closed at $61

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The Zeescore Corporation pays an annual dividend of $2 per share. On Wednesday it closed at $61 per share with a net change of − 0.85. The dividend remained at $2 for a year.
a. What was the yield on Wednesday?
b. At what price did Zeescore close on Tuesday?
c. What was the yield on Tuesday?
d. Tuesday's net change was −1.96. At what price did Zeescore close on Monday?
e. What was Monday's yield?
f. Look at the yields for Monday, Tuesday, and Wednesday. They are increasing. Explain why this increase is not "good news" to the investor who owns stock in Zeescore. Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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