You purchased 33.00 shares of Bank of America one year ago for $8.46 per share. Today, one share trades for $9.13 and paid a dividend of $1.21 per share. What is the dividend yield from holding the stock the past year? Submit

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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#11
You purchased 33.00 shares of Bank of America one year ago for $8.46
per share. Today, one share trades for $9.13 and paid a dividend of
$1.21 per share.
What is the dividend yield from holding the stock the past year?
Submit
Answer format: Percentage Round to: 2 decimal places (Example:
9.24%, % sign required. Will accept decimal format rounded to 4 decimal
places (ex: 0.0924))
Transcribed Image Text:#11 You purchased 33.00 shares of Bank of America one year ago for $8.46 per share. Today, one share trades for $9.13 and paid a dividend of $1.21 per share. What is the dividend yield from holding the stock the past year? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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