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Question
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%
Summary
The question belongs to Finance and it is about calculation of dividend yield of a company.
Total Word Count 17
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