Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You purchased a share of stock for $67. At the end of a quarter, the stock paid a dividend of $1.25, and you sold it
You purchased a share of stock for $67. At the end of a quarter, the stock paid a dividend of $1.25, and you sold it for $66 right after receiving the dividend. What was your dividend yield? Round your answer to the nearest tenth of a percent. Group of answer choices none of the choices 2.1% 1.7% 1.9%
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