One year ago, you purchased 200 shares of Southern Foods common stock for $39.50 a share. Today, you sold your shares for $35.40 a share. During this past year, the stock paid $1.36 in dividends per share. What is your dividend yield on this investment?
A) 3.165%
B) 3.375%
C) 3.443%
D) 3.533%
E) 3.610%
Correct Answer:
Verified
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