What is the annual yield on his stock

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Question - Duane Hartley owns 2,000 shares of Solar X stock, which he purchased for $28.40 each. Recently he read that the average selling price of his stock was $37.90. The company paid annual dividends of $1.80 per share last year. a) What is the annual yield on his stock? b) For an investor who purchased the stock at $37.90 per share, what is the annual yield?

Reference no: EM133180317

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