Problemyou purchased 480 shares of stock at a price of 4272, Ask an Expert

Finance

Problem:

You purchased 480 shares of stock at a price of $42.72 per share. Over the last year, you have received total dividend income of $555.

Required:

Question: What is the dividend yield?

13.0 percent
2.7 percent
62.4 percent
15.0 percent
1.2 percent

Note: Please show how you came up with the solution.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91162825

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