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 $120, and the dividends per share of the same stock are $4.35, then what is the yield of the stock to the nearest tenth of a percent? Give percent notation to the nearest tenth of a percent.

A. 1.8%
B. 27.6%
C. 3.6%
D. 522.0%


Answer: C

Mathematics

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