## Stock Price

It is the price of shares as determined in the marketplace as being traded by traders and floor participants alike. It is also determined based on other factors such as fundamental analysis and investors sentiment towards that stock.

In this question, the stock price is missing and needs to be computed. We will derive the formula using the dividend yield ratio since dividend and yield percentages are provided.

The dividend was given in the problem is distributed every quarter. We will compute for the annual dividend:

Annual Dividend = $1.30 * 4 quarters =$5.20 annual dividend

Let's compute for the stock price using the dividend yield ratio :

{eq}Stock~Price~=~\frac{Annual~Dividend~Per~Share}{Dividend~Yield~Ratio} {/eq}

{eq}Stock~Price~=~\fracNo variable 5.20 defined.{0.041} {/eq}

The stock price that yields a $1.30 quarterly dividend is at$126.83