Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose you bought a $97 share a month ago. It paid a dividend of $0. 57 today and then you sold it for $99. What

Suppose you bought a $97 share a month ago. It paid a dividend of $0. 57 today and then you sold it for $99. What was your dividend yield?

a. 2.06%

b. 2.65%

c. 0.58%

d. 0.59%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Statements

Authors: Inc. BarCharts

1st Edition

1423223837, 978-1423223832

More Books

Students also viewed these Finance questions

Question

=+4. To develop an understanding of strategic staffing issues

Answered: 1 week ago