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A $1,300 investment was purchased one year ago and its value changes to $1,482 today. Over the holding period, $325 of income was generated. Note:
A $1,300 investment was purchased one year ago and its value changes to $1,482 today. Over the holding period, $325 of income was generated. Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56%Calculate the income yield
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
