One year ago,you purchased 100 shares of Southern Foods common stock for $42.20 a share. Today,you sold your shares for $39.70 a share.During this past year,the stock paid $1.40 in dividends per share.What is your dividend yield on this investment?
A) 3.32 percent
B) 3.37 percent
C) 3.44 percent
D) 3.53 percent
E) 3.61 percent
Correct Answer:
Verified
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