Frances bought 144 shares of dwyn horticulture for $7.73 apiece. her broker charged her a commission of $46.15 for the purchase. if the yearly dividend on dwyn horticulture is 61 cents per share, what is the annual yield on frances’s stock?

a.

0.0758

b.

0.0789

c.

0.0132

d.

0.0320

Option 'a' is correct.

Step-by-step explanation:

Since we have given that

Number of shares = 144

Price of per share = 47.73

Commission of brokers = $46.15

Total amount will be

As we know that

Dividend Per Share = Earnings Per Share x Dividend Payout Ratio

so, we have given that 61 percent per share.

So, it becomes,

Hence, Option 'a' is correct.

d. 24+-0.114

step-by-step explanation:

the question requires us to calculate the approximate 95% confidence interval for the mean number of ounces of ketchup per bottle in the sample given the following statistics;

sample mean = 24

standard deviation, σ = 0.4

sample size , n = 49

the confidence interval for a population mean is calculated using the formula;

sample mean ± z-score*(σ/sqrt(n))

the z-score associated with a 95% confidence interval, from the standard normal tables, is;

1.96

substituting these values into the formula;

24 ± 1.96*(0.4/7)

= 24 ± 0.112

from the alternatives given, choice d is closest to the above expression;

you could deduce the conclusion directly using the facts pertaining to the specific situation.

hope this .