Great lakes health care common stock offers an expected total return of 9.2 percent. the last annual dividend was $2.10 a share. dividends increase at a constant 2.6 percent per year. what is the dividend yield?

a. 3.75 percent

b. 4.20 percent

c. 4.55 percent

d. 5.25 percent

e. 6.60 percent

E. 6.60 percent

Step-by-step explanation:

We have been given that Great Lakes Health Care common stock offers an expected total return of 9.2 percent. The last annual dividend was $2.10 a share. Dividends increase at a constant 2.6 percent per year.

We will use total return formula to answer our given problem.

Upon substituting our given values in above formula, we will get:

Therefore, the dividend yield would be 6.60% and option E is the correct choice.

$450.00 for 6 weeks

or

$300

step-by-step explanation:

$200.00 for first week $50.00 x5 equals $250 plus $200 equals $450.00 for six weeks.

$200 for first week

$200 x 0.10 = $20

$20 x 5 = $100

$200 + $100 = $300