Melanie Bought a Share of MPT Company for $53

question 99

Multiple Choice

Melanie bought a share of MPT Company for $53.98 one year ago.The stock paid a quarterly dividend of $0.52 throughout the year.What is the income yield if the stock is selling for $57.10 today?

• A) 0.91%
• B) 0.96%
• C) 3.85%
• D) 3.64%

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