You purchased a share of stock for $58.00. At the end of a quarter, the stock paid a dividend of $0.75, and you sold it for $63.00 right after receiving the dividend.
-Refer to the information above. What was your dividend yield? Round your answer to the nearest tenth of a percent.
A) 1.2%
B) 8.6%
C) 1.3%
D) none of the above
Correct Answer:
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Q2: You purchased a bond for $1,000. At
Q3: One hundred basis points equal
A)1%
B)10%
C)100%
D)$1
Q4: If a bond trader indicates that the
Q5: What are the four assumptions that define
Q6: Which of the following statements is true?
A)All
Q7: You purchased a share of stock for
Q8: Suppose you deposit $1,000 today in an
Q9: The Federal Reserve announced that it would
Q10: You purchased a bond for $1,000. At
Q11: Which of the following is a necessary
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