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
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