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Suppose you purchased a common stock for $12.50 per share some time ago. During the holding period, you received a dividend of $1.50 per share.

Suppose you purchased a common stock for $12.50 per share some time ago. During the holding period, you received a dividend of $1.50 per share. The stock is currently selling for $14. Calculate dividend yield.

Question 8 options:

1)

12%

2)

10.71%

3)

24%

4)

None of the above

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