Solved: Today the stock is selling for 19 per share during the year, Finance Basics

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Today the stock is selling for 19 per share during the year

One year ago, you bought common stock for $20 per share. Today the stock is selling for $19 per share. During the year, you received four dividend payments, each in the amount of $0.20 per share.

(a) What was your rate of return?

(b) What was your dividend yield?

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Finance Basics: Today the stock is selling for 19 per share during the year

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Finance Basics: Today the stock is selling for 19 per share during the year

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