Question
One year ago, Regina purchased $1,050 worth of Elite Electrician's common stock for $42 per share. During the year, Regina received two dividend payments, each
One year ago, Regina purchased $1,050 worth of Elite Electrician's common stock for $42 per share. During the year, Regina received two dividend payments, each equal to $0.05 per share. The current market value of the stock is $44 per share. What yield did Regina earn on her investment during the year?
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
1st Edition
0765616785, 9780765616784
