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Problem:

One year ago, you purchased 100 shares of XYZ common stock for $42.20 a share. Today, you sold your shares for $39.70 a share. Your dividend yield over the course of the year is 3.32%.

Question: What are the dollar value dividends you received?

Please provide explanation, no word limit.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91145654

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