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You Purchased a Stock for $29

Question 1

Multiple Choice

You purchased a stock for $29.40 a share,received a dividend of $0.72 per share,and sold the stock after one year for $31.30 a share.What was your dividend yield on this investment?


A) 2.30 percent
B) 2.38 percent
C) 2.45 percent
D) 2.67 percent
E) 2.80 percent

Correct Answer:

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