Multiple Choice
Exhibit 19-1.Joanna Robertson bought a share of XYZ Corp.at $200 last year.She was paid a dividend of $30 during the same year.However,the same share is trading at $280 this year. Refer to Exhibit 19-1.Calculate the investment percent yield if Joanna sells the share at $280.
A) 70%
B) 110%
C) 15%
D) 55%
Correct Answer:
Verified
Correct Answer:
Verified
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