A man invested 27,000 in 12 1 2 % stock at 108, then his yield percentage is
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Yield percentage = (Divident/Stock price) * 100%
=> (12.5/108) * 100%
=> 11 is to 31/54 % or 11.5740740....
=> (12.5/108) * 100%
=> 11 is to 31/54 % or 11.5740740....
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yield percentage is 11.57% if Face value = 100 and A man invested 27,000 in 12 1 2 % stock at 108
Step-by-step explanation:
A man invested 27,000 in 12 1 2 % stock at 108
=> number of Stocks bought = 27000/108 = 250
Dividend = 12 1/2 % = 12.5 %
if Face Value of stock = 108
then Divided per share = (12.5/100)* 108 = 13.5
Yield = 250 * 13.5 = 3375
Yield % = 100 * 3375 / 27000
Yield % = Dividend % = 12.5 %
if Face value = 100
then Dividend per share = 12.5
Yield = 250* 12.5 = 3125
Yield % = (3125/27000) * 100 = 11.57%
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