GHI currently has earnings of $4 and pays a $.50 quarterly dividend. If GHI's market price is $40, the current yield is:
A) 15%.
B) 5%.
C) 1.25%.
D) 10%
Answer: B) 5%.
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) 15%.
B) 5%.
C) 1.25%.
D) 10%
Answer: B) 5%.