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At the beginning of last year an investor purchased common stock at $20 per share. During the year, the firm paid dividends of $0.50 per
At the beginning of last year an investor purchased common stock at $20 per share. During the year, the firm paid dividends of $0.50 per share. At the end of the year, the investor sold the shares at $21.50 per share. What is the dividend yield?
a. 2.5 b. 5.0 c. 10.00 d. 20.00
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