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You purchased 90 shares of a common stock on August 1, 2023 for $60.00 per...

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Finance

You purchased 90 shares of a common stock on August 1, 2023 for $60.00 per share and held it until October 1, 2023, when you sold it for $63.50 per share. During that period you received one dividend of $5.00 per share. Calculate the annualized yield

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