You purchased 90 shares of a common stock on August 1, 2023 for $60.00 per...
70.2K
Verified Solution
Link Copied!
Question
Finance
You purchased 90 shares of a common stock on August 1, 2023 for $60.00 per share and held it until October 1, 2023, when you sold it for $63.50 per share. During that period you received one dividend of $5.00 per share. Calculate the annualized yield
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
