Computation of dividend yield of a company

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Problem:

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%

Additional Information:

This question is basically belongs to the Finance as well as it is about computation of dividend yield of a company.

Reference no: EM13826031

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