Stock in Chambers Translation cost $18.89 per share when Anthony bought it. He earns $410.40 per year from his

Question

Stock in Chambers Translation cost $18.89 per share when Anthony bought it. He earns $410.40 per year from his 360 shares in Chambers Translation. What is the percent yield on Anthony’s stock?
a.
6.03%
b.
2.17%
c.
0.0603%
d.
0.0217%

GPT-5 mini · Answer

Annual yield = annual income / total cost = 410.40 ÷ (18.89 × 360) = 410.40 ÷ 6800.40 ≈ 0.0603 = 6.03%.

Answer: a. 6.03%

Stock in Chambers Translation cost $18.89 per share when Anthony bought it. He earns $410.40 per year from his 360 shares in Chambers Translation. What is the percent yield on Anthony’s stock?
a.
6.03%
b.
2.17%
c.
0.0603%
d.
0.0217%

All Answers 1

Submit Your Answer

Stock in Chambers Translation cost $18.89 per share when Anthony bought it. He earns $410.40 per year from his 360 shares in Chambers Translation. What is the percent yield on Anthony’s stock? a. 6.03% b. 2.17% c. 0.0603% d. 0.0217%

All Answers 1

Submit Your Answer

Stock in Chambers Translation cost $18.89 per share when Anthony bought it. He earns $410.40 per year from his 360 shares in Chambers Translation. What is the percent yield on Anthony’s stock?
a.
6.03%
b.
2.17%
c.
0.0603%
d.
0.0217%