Federico paid $86.70 for a stock one year ago. Today he sold the stock for $88.20. Over the year, Federico received four quarterly dividends of $0.60 each. What was the dividend yield on this investment?
A) 0.69%
B) 1.02%
C) 2.77%
D) 4.42%
E) 4.50%
Correct Answer:
Verified
Q29: One year ago,you purchased a stock at
Q135: A stock had returns of 10%, 2%,
Q136: Last year, Sylvia purchased 300 shares of
Q137: Sam purchased a stock for $46.91 one
Q138: One year ago, Valerie purchased a stock
Q139: Theta stock returned 2%, -5%, 12%, and
Q141: You purchased 300 shares of stock at
Q142: Assume the return on T-bills is normally
Q143: Last year, Marsha purchased a stock at
Q144: A stock had returns of 9%, -3%,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents