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Suppose you purchased 1,100 shares of Pan Ann Airlines at the beginning of the year for $17.22. By the end of the year, the stock price had appreciated to $20.67. At the end of the year, Pan Ann paid a dividend of $1.37 per share. Calculate the dividend yield on this investment over the year.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91791881

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