Problem:
One year ago, Bob Sakamano invested $10,400 in 200 shares of Vandalay Industries stock and just received a dividend payment (total) of $600. What was Vandalay Industry's dividend yield?
A. 5.8%
B. 5.5%
C. 5.6%
D. 5.7%
Additional Information:
This question is basically belongs to the Finance as well as it is about computation of dividend yield of a company.