Multiple Choice
Jimmy purchased a stock for $22.22 a share, received a dividend of $.55 a share, and sold the stock after one year for $25.36 a share. What was his dividend yield on this investment?
A) 2.30%
B) 2.38%
C) 2.48%
D) 2.56%
E) 2.65%
Correct Answer:
Verified
Correct Answer:
Verified
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