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6. You purchased 600 share for $45.5 each, received a dividend of $0.89 per share, and sold the stock after one year for $38.5 a
6. You purchased 600 share for $45.5 each, received a dividend of $0.89 per share, and sold the stock after one year for $38.5 a share. What was your dividend yield on this investment? What was your total dollar return? Your percentage return. 7. You purchased 2,000 shares of stock at $55 a share. The stock is currently selling for $62 a share. The initial margin was 70 percent and the maintenance margin is 30 percent. What is your current margin position? And what if stock is currently seeling for $53 per share instead of $62
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