In: Advanced Math
1. 17 years ago, I purchased 124 shares of a stock worth $12.67 per share. There was a 3:1 split, a 3:1 split, and a 5:1 split during that time period. Today the stock is worth $3.5 per share. If the dividend yield was on average 12% during the last 17 years, what was the total rate of return?
Round your answer to the nearest whole number.
2. Suppose a corporation sells stock at $15 per share. Compute the dividend yield if the total dividend for the quarter is $133,226 distributed among 1,890,085 shares.
Round your answer to the nearest tenth of a percent.