Stock in Chambers Translation cost $18.89 per share when Anthony bought it. He earns $410.40 per year from his 360 shares in Chambers Translation. What is the percent yield on Anthony’s stock?

Anthony invested 360 × $18.89 = $6,800.40 in the stock. Percent yield is annual earnings divided by the investment, multiplied by 100: ($410.40 ÷ $6,800.40) × 100 ≈ 6.03%. The correct choice is 6.03%.

AI-written and checked against the verified answer.