Question

Andrew owns stock in Hyren Airlines and as a result gets paid dividends worth $539.70 every year. If Andrew owns 105 shares of Hyren Airlines, how big is the dividend each share yields? a. $3.60 b. $2.78 c. $5.67 d. $5.14 Please select the best answer from the choices provided A B C D

Answer 1

$5.14

Step-by-step explanation:

Answer 2

Among the options given on the question the correct answer is option D.

$5.14

Explanation: Andrew owns stock in the Hyren Airlines. He gets paid dividends which worth $539.70 every year.

The number of share owned by Andrew in Hyren airlines is 105.

So, to calculate how big is the dividend each share yield, following formula should be applied.

worth of dividend/number of share owned=answer.

so,539.70/105= $5.14.