Solve the problem.The yield of a stock is given by Y(D, P) =
, where D is the dividends per share of a stock, and P is the price per share of the stock. If the price per share of a stock is $145, and the dividends per share of the same stock are $3.25, then what is the yield of the stock to the nearest tenth of a percent?
A. 471.3%
B. 1.1%
C. 44.6%
D. 2.2%
Answer: D
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A.
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C.
D.
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