One year ago, Christos bought 1,100 units of the Dominion Aggressive Growth Fund at $20.40 per unit. Today a unit's value is $19.20. During the year, the fund made a distribution of $0.50 per unit. On this investment, what is Christos's income yield? (Round your answer to two decimal places.)

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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One year ago, Christos bought 1,100 units of the Dominion Aggressive Growth Fund at $20.40 per unit. Today a unit's value is $19.20.
During the year, the fund made a distribution of $0.50 per unit.
On this investment, what is Christos's income yield? (Round your answer to two decimal places.) 
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