The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. HINT [See Example 2.] Symbol Company Price ($) Yield T AT&T 33.59 5.48% VZ Verizon 46.78 4.70% CVX Chevron 112.18 3.82% MCD McDonald's 93.70 3.63% PFE Pfizer 31.15 3.60% GE General Electric 25.27 3.48% MRK Merck 56.79 3.17% CAT Caterpillar 91.53 3.06% XOM ExxonMobil 92.45 2.99% KO Coca-Cola 42.22 2.89% If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.25% or more? (Enter your probability as a fraction.)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
| Symbol | Company | Price ($) | Yield |
|---|---|---|---|
| T | AT&T | 33.59 | 5.48% |
| VZ | Verizon | 46.78 | 4.70% |
| CVX | Chevron | 112.18 | 3.82% |
| MCD | McDonald's | 93.70 | 3.63% |
| PFE | Pfizer | 31.15 | 3.60% |
| GE | General Electric | 25.27 | 3.48% |
| MRK | Merck | 56.79 | 3.17% |
| CAT | Caterpillar | 91.53 | 3.06% |
| XOM | ExxonMobil | 92.45 | 2.99% |
| KO | Coca-Cola | 42.22 | 2.89% |
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