Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You buy a stock for $30 per share and sell it for $33 after holding it for slightly over a year and collecting a $0.75
You buy a stock for $30 per share and sell it for $33 after holding it for slightly over a year and collecting a $0.75 per share dividend. What is your dividend yield?
A. 2.5 percent. | ||
B. 10.00 percent. | ||
C. 12.50 percent. | ||
D. 15.50 percent. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started