Answer: 10%

## Explanation **Trailing dividend yield** is calculated using the most recent actual dividend and the current stock price: **Formula:** Trailing Dividend Yield = (Most Recent Annual Dividend ÷ Current Stock Price) × 100% **Given:** - Most recent actual dividend (Year 1) = $1.0 - Current stock price = $10 **Calculation:** Trailing Dividend Yield = ($1.0 ÷ $10) × 100% = 10% **Important Notes:** - We use the actual Year 1 dividend ($1.0), not the projected Year 2 dividend ($2.0) - The 30% revenue growth forecast is irrelevant for trailing dividend yield calculation - Trailing yield uses historical data, while forward yield would use projected dividends

Author: LeetQuiz Editorial Team