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Consider a stock that was bought a year ago for $20. The stock has paid a $3 dividend at the end of the year and

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Consider a stock that was bought a year ago for $20. The stock has paid a $3 dividend at the end of the year and its end of the year price was $21. What was the dividend yield on this stock for the last year? Multiple Choice 15% 5% 20% 37

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