You've collected the following information from your favorite financial website. 52-Week Price Hi Lo Stock (Dividend) Dividend Yield % PE Close Ratio Price Net Chan 77.40 10.43 Acevedo .36 2.6 6 13.90 -.24 56.51 34.12 Georgette, Incorporated 2.24 5.4 10 41.13 -.01 130.93 69.50 YBM 2.00 2.2 10 88.97 3.07 50.24 35.00 13.95 Manta Energy .80 5.2 6 15.43 -.26 20.74 Winter Sports .32 1.5 28 ?? .18 Find the quote for the Georgette, Incorporated. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What was the lowest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. a. Highest dividend yield b. Lowest dividend yield 5.18 5.20% %

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Vijay 

You've collected the following information from your favorite financial website.
52-Week Price
Hi
Lo
Stock (Dividend)
Dividend
Yield %
PE
Close
Ratio
Price
Net Chan
77.40
10.43
Acevedo .36
2.6
6
13.90
-.24
56.51
34.12
Georgette, Incorporated 2.24
5.4
10
41.13
-.01
130.93
69.50
YBM 2.00
2.2
10
88.97
3.07
50.24
35.00
13.95
Manta Energy .80
5.2
6
15.43
-.26
20.74
Winter Sports .32
1.5
28
??
.18
Find the quote for the Georgette, Incorporated. Assume that the dividend is constant.
a. What was the highest dividend yield over the past year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.
b. What was the lowest dividend yield over the past year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.
Answer is complete but not entirely correct.
a. Highest dividend yield
b. Lowest dividend yield
5.18
5.20%
%
Transcribed Image Text:You've collected the following information from your favorite financial website. 52-Week Price Hi Lo Stock (Dividend) Dividend Yield % PE Close Ratio Price Net Chan 77.40 10.43 Acevedo .36 2.6 6 13.90 -.24 56.51 34.12 Georgette, Incorporated 2.24 5.4 10 41.13 -.01 130.93 69.50 YBM 2.00 2.2 10 88.97 3.07 50.24 35.00 13.95 Manta Energy .80 5.2 6 15.43 -.26 20.74 Winter Sports .32 1.5 28 ?? .18 Find the quote for the Georgette, Incorporated. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What was the lowest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. a. Highest dividend yield b. Lowest dividend yield 5.18 5.20% %
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