What is the dividend yield on stock

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1. What is the dividend yield on a stock that costs $25.50, pays a dividend of $1.66 over the next year and has an expected return of 13%?

5.14%

6.51%

13.32%

25.5%

5.69%

2. On January 1, 2016, Michael purchased $3,000 worth of lawn mower from a Department store. The purchase was financed by a consumer loan which required Michael to pay a monthly payment of $141.50 at the end of each month for two years. What was the annual percentage rate (APR) of the consumer loan?

a) 12.20%

b) 12.85%

c) 13.12%

d) 13.68%

e) 14.36%

Reference no: EM131855656

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