GHI stock is at $10 par value and is selling in the market for $60 per share. If the current quarterly dividend is $1, the current yield is:
A) 1%.
B) 1.7%.
C) 10%.
D) 6.7%.
Answer: D) 6.7%.
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) 1%.
B) 1.7%.
C) 10%.
D) 6.7%.
Answer: D) 6.7%.