Question
You purchased 37.00 shares of Bank of America one year ago for $8.90 per share. Today, one share trades for $9.21 and paid a dividend
You purchased 37.00 shares of Bank of America one year ago for $8.90 per share. Today, one share trades for $9.21 and paid a dividend of $1.01 per share.
What is the dividend yield from holding the stock the past year?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
