Jimmy purchased a stock for $22.22 a share, received a dividend of $.55 a share, and sold the stock after one year for $25.36 a share. What was his dividend yield on this investment?
A)2.30%
B)2.38%
C)2.48%
D)2.56%
E)2.65%

Question

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The Answer of Jimmy purchased a stock for $22.22 a share, received a dividend of $.55 a share, and sold the stock after one year for $25.36 a share. What was his dividend yield on this investment?
A)2.30%
B)2.38%
C)2.48%
D)2.56%
E)2.65%

Jimmy Purchased a Stock for $22