P4.13 You invest $7,000 in stock and receive $65, $70, $70, and $65 in dividends over the

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P4.13 You invest $7,000 in stock and receive $65, $70, $70, and $65 in dividends over the fol- lowing four years. At the end of the four years, you sell the stock for $7,900. What was the yield on this investment?

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Fundamentals Of Investing

ISBN: 9780136117049

11th Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart

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