Use the Following Stock Quotes to Answer This Question $\text { 52-WEEK }$

question 73

Multiple Choice

Use the following stock quotes to answer this question:
$\text { 52-WEEK }$
$\begin{array}{ccrrrr}\text { Company } & \text { Volume } & \text { Close } & \text { Chg } & \text { High } & \text { Low } \\\text { Buy Rite } & 5,078,420 & 101.13 & -.05 & 104.90 & 82.13 \\\text { Cloverdale } & 47,126,338 & 21.48 & +.01 & 30.15 & 16.80 \\\text { Ditch Digcer } & 11,298,006 & 48.19 & -.13 & 55.62 & 48.19\end{array}$

What is the current yield on Buy Rite stock?

• A)1.38%
• B)2.60%
• C)3.55%
• D)4.25%
• E)5.20%

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Definitions:

Right of Survivorship

A legal principle that ensures property ownership transfer directly to a surviving co-owner or partner without the need for probate upon one's death.

Property Distribution

The division of assets, often occurring in legal contexts such as divorce or estate settlement.

Common Law

An accumulation of non-legislated laws formed from previous court rulings and legal decisions.

Joint Will

A Joint Will is a single legal document that expresses the last wishes of two individuals, typically married couples, allowing them to leave their assets to each other or to a mutual beneficiary.