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Calculate the dividend yield

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Question - Suppose an investor buys 300 shares of stock at $68.68 per share and received a total dividend income of $590. Calculate the dividend yield and round the final answer to one decimal place.

a. 2.9%

b. 4.5%

c. 6.6%

d. 7.4%

e. 23.3%

Reference no: EM133090679

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