You purchased a stock for $25.50 a share,received a dividend of $0.70 per share,and sold the stock after one year for $28.55 a share.What was your dividend yield on this investment?
A) 2.30 percent
B) 2.38 percent
C) 2.45 percent
D) 2.67 percent
E) 2.75 percent
Correct Answer:
Verified
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