Answer :
The yield on Miranda’s dagofi radar stock is 0.0622. So the correct option is a.
In the given question,
Miranda purchased 425 shares of Dagofi radar stock at $14.15 a piece.
She earns $374.00 in dividends every year.
We have to find the yield on Miranda’s Dagofi radar stock.
Miranda purchased total shares = 425
The price of one share = $14.15
So the total price = Total number of shares*the price of one share
The total price = 425*14.15
The total price = $6013.75
An asset's yield is the annual profit over cost.
In this specific case, we have that,
The yield = 374/6013.75
The yield = 0.0622
Hence, the yield on Miranda’s dagofi radar stock is 0.0622. So the correct option is a.
To learn more about yield of stock link is here
brainly.com/question/29490183
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