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14.Today Mr. Banda can sell his stock at K55. When he first bought this stock, it cost him K35 and the last dividend paid was

14.Today Mr. Banda can sell his stock at K55. When he first bought this stock, it cost him K35 and the last dividend paid was K4.50. Compute the following:

a.By how much has his stock grown? [3 marks]

b.What is the yield on his dividend? [2 marks]

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