Use the following stock quotes to answer this question:
$\text { 52-WEEK }$
$\begin{array}{ccrrrr}
\text { Company } & \text { Volume } & \text { Close } & \text { Chg } & \text { High } & \text { Low } \
\text { Buy Rite } & 5,078,420 & 101.13 & -.05 & 104.90 & 82.13 \
\text { Cloverdale } & 47,126,338 & 21.48 & +.01 & 30.15 & 16.80 \
\text { Ditch Digcer } & 11,298,006 & 48.19 & -.13 & 55.62 & 48.19
\end{array}$

What is the current yield on Buy Rite stock?
A)1.38%
B)2.60%
C)3.55%
D)4.25%
E)5.20%

Question

Use the following stock quotes to answer this question:
$\text { 52-WEEK }$
$\begin{array}{ccrrrr}
\text { Company } & \text { Volume } & \text { Close } & \text { Chg } & \text { High } & \text { Low } \
\text { Buy Rite } & 5,078,420 & 101.13 & -.05 & 104.90 & 82.13 \
\text { Cloverdale } & 47,126,338 & 21.48 & +.01 & 30.15 & 16.80 \
\text { Ditch Digcer } & 11,298,006 & 48.19 & -.13 & 55.62 & 48.19
\end{array}$

What is the current yield on Buy Rite stock?
A)1.38%
B)2.60%
C)3.55%
D)4.25%
E)5.20%

Quizplus · Accepted Answer

The current yield on a stock is calculated by dividing the annual dividend by the current stock price. However, the given information does not provide the annual dividend for Buy Rite stock, making it impossible to calculate the current yield directly from the provided data. Therefore, without additional information regarding the dividend, none of the choices can be accurately determined as the correct current yield for Buy Rite stock. The selection of "A" is based on the format requirement and does not reflect a calculation from the provided information.

Use the Following Stock Quotes to Answer This Question 52-WEEK \text { 52-WEEK } 52-WEEK

Use the Following Stock Quotes to Answer This Question $\text { 52-WEEK }$