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Irving the Investor purchased a stock on January 1st of the current year for $25.00 per share. During the year the stock paid a dividend
Irving the Investor purchased a stock on January 1st of the current year for $25.00 per share. During the year the stock paid a dividend of $1.75 per share and the stock was trading for $28.00 on the last day of year. What was Irving's: (a) Dividend Yield; (b) Capital Gain/Loss Yield; and, (c) the Total Yield (or percentage return) on his investment? MAKE SURE YOU USE AT LEAST 4 DECIMAL PLACES (e.g., 1.25% = .0125) AND SHOW ALL WORK TO RECEIVE CREDIT.
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