"Yesterday travis sold 1,000 shares of stock that he owned for $29 per share. travis purchased the stock one year ago for $28 per share. During the year, travis received a quarterly dividend equal to $0.10 per share. What return (yield) did travis earn during the time he owned the stock? "

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
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"Yesterday travis sold 1,000 shares of stock that he owned for $29 per share. travis purchased the stock one year ago for $28 per share. During the year, travis received a quarterly dividend equal to $0.10 per share. What return (yield) did travis earn during the time he owned the stock? "

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