Mathematics, 08.09.2021 09:40 alexusnicole817

This morning Sophie sold 500 shares of Multiface Consulting for $75.60 per share. She purchased the stock for $70 one year ago. During the time she held the stock, Sophie received two dividend payments; one dividend payment was $1.00 per share and the other dividend payment was $1.10 per share. What yield (rate of return) did Sophie earn on her investment for the year she held the Multiface stock?

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This morning Sophie sold 500 shares of Multiface Consulting for $75.60 per share. She purchased the...