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(Solved): A stock is bought for $22.44 and sold for $36.42 a year later, immediately after it has paid a divid ...



A stock is bought for $22.44 and sold for $36.42 a year later, immediately after it has paid a dividend of $2.76. What is the dividend yield for this transaction? 

NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign. Do not use Excel



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Purchase Price (P) = $22.
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