You Purchased a Stock for $30

question 51

Multiple Choice

You purchased a stock for $30.43 a share, received a dividend of $.70 per share, and sold the stock after one year for $30.22 a share. What was your dividend yield on this investment?

• A)2.30%
• B)2.38%
• C)2.45%
• D)2.67%
• E)2.75%

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