Question

Andrew purchased a stock for $175 and sold it for $250 one year later. If he...

Andrew purchased a stock for $175 and sold it for $250 one year later. If he earned a dividend income of $30, the stock's yield is:

Group of answer choices

42 percent.

53 percent.

72 percent.

81 percent.

60 percent.

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Answer #1

stock's yield=(End value-Beginning value+Dividend)/Beginning value
=(250-175+30)/175

which is equal to

=60 percent.

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