One Year Ago,you Purchased 300 Shares of IXC Stock at a Price

Multiple Choice

One year ago,you purchased 300 shares of IXC stock at a price of $22.05 per share,received $460 in dividends over the year,and today sold all your shares for $29.32 per share.What was your dividend yield?

A) 5.23 percent
B) 5.87 percent
C) 6.95 percent
D) 1.92 percent
E) 2.48 percent