Chapter 11, Problem 15E

To determine

Income Stock:

Income stock is that stock which gives good and stable returns to the investor. It is the stock which the investor buys to receive regular income.

Market price per share:

It is the price at which investors is ready to buy and sell a particular stock at a particular point of time.

Dividends:

It is the amount of the income that company distributes among its shareholders. It can does it in two ways either they can issue stock dividend or cash dividend.

Dividend Yield:

Dividend yield is a ratio that shows dividend payout in relation to share price in percentage terms.

To compute: Dividend yields of the share and identify non income stock.