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A stock of XYZ company pays a semi-annual dividend of $15. If an investor buys the stock for $160 what is the semi-annual yield

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A stock of XYZ company pays a semi-annual dividend of $15. If an investor buys the stock for $160 what is the semi-annual yield (j2=?) that he realizes from the stock. * 15% 9.5% 7.5% 18.8%

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