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 $1.25 in dividends per share.What is your dividend yield on this investment?
A) 3.165 percent
B) 3.375 percent
C) 3.442 percent
D) 3.533 percent
E) 3.610 percent
Correct Answer:
Verified
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