Multiple Choice
One year ago, Stephen purchased 100 shares of K&L stock at a price of $18 a share. Today, he sold the stock and realized a total return of 20%. His capital gain was $3.60 a share. What is the current dividend yield on this stock?
A) 0%
B) 10.0%
C) 13.3%
D) 14.8%
E) 20.0%
Correct Answer:
Verified
Correct Answer:
Verified
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