Assume that you purchased General Electric Company stock at the closing price on January 26, 2021 at $14.34 and sold it at the closing price on July 29, 2021 at $12.50. Also, you received the divideds paid in April of $0.25 and July of $0.30. What is your dividend yield for this period? 4.23% 0000 3.84% 4.16% 3.72% 3.95%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Assume that you purchased General Electric Company stock at the closing price on January 26, 2021 at $14.34 and sold it at the
closing price on July 29, 2021 at $12.50. Also, you received the divideds paid in April of $0.25 and July of $0.30. What is your
dividend yield for this period?
4.23%
3.84%
4.16%
3.72%
3.95%
Transcribed Image Text:Assume that you purchased General Electric Company stock at the closing price on January 26, 2021 at $14.34 and sold it at the closing price on July 29, 2021 at $12.50. Also, you received the divideds paid in April of $0.25 and July of $0.30. What is your dividend yield for this period? 4.23% 3.84% 4.16% 3.72% 3.95%
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