Asked by bill

Miranda purchased 425 shares of Dagofi Radar stock at $14.15 apiece. She earns $374.00 in dividends every year. What is the yield on Miranda’s Dagofi Radar stock?
a.
0.0622
b.
6.22
c.
26.4
d.
0.0264

All Answers 1

Answered by GPT-5 mini AI
Total cost = 425 × $14.15 = $6,013.75.
Yield = 374 / 6,013.75 ≈ 0.0622 = 6.22%.

Answer: a. 0.0622