You've collected the following information from your favorite financial website. 52-Week Price Dividend PE Close Hi Lo Stock (Dividend) Yield Ratio Price. Net Change 77.40 10.43 Acevedo .36 2.6 6 13.90 -.24 56.31 33.92 Georgette, Incorporated 2.04 5.0 10 40.93 -.01 130.93 69.50 YBM 2.00 2.2 10 88.97 3.07 50.24 13.95 Manta Energy .80 5.2 6 15.43 -.26 35.00 20.74 Winter Sports .32 1.5 28 ?? .18 Find the quote for the Georgette, Incorporated. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What was the lowest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. a. Highest dividend yield b. Lowest dividend yield % %

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter14: Distributions To Shareholders:dividends And Share Repurchases
Section: Chapter Questions
Problem 1TCL
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You've collected the following information from your favorite financial website.
52-Week Price
Hi
Lo
Stock (Dividend)
Dividend
Yield &
PE
Ratio
Close
Price.
Net Change
77.40
10.43
Acevedo .36
2.6
6
13.90
-.24
56.31
33.92
Georgette, Incorporated 2.04
5.0
10
40.93
-.01
130.93
69.50
YBM 2.00
2.2
10
88.97
3.07
50.24
35.00
13.95
20.74
Manta Energy .80
5.2
6
15.43
-.26
Winter Sports .32
1.5
28
??
.18
Find the quote for the Georgette, Incorporated. Assume that the dividend is constant.
a. What was the highest dividend yield over the past year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
b. What was the lowest dividend yield over the past year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
a. Highest dividend yield
b. Lowest dividend yield
%
%
Transcribed Image Text:You've collected the following information from your favorite financial website. 52-Week Price Hi Lo Stock (Dividend) Dividend Yield & PE Ratio Close Price. Net Change 77.40 10.43 Acevedo .36 2.6 6 13.90 -.24 56.31 33.92 Georgette, Incorporated 2.04 5.0 10 40.93 -.01 130.93 69.50 YBM 2.00 2.2 10 88.97 3.07 50.24 35.00 13.95 20.74 Manta Energy .80 5.2 6 15.43 -.26 Winter Sports .32 1.5 28 ?? .18 Find the quote for the Georgette, Incorporated. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What was the lowest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. a. Highest dividend yield b. Lowest dividend yield % %
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