A $1,300 investment was purchased one year ago and its value changes to $1,482 today. Over the holding period, $325 of income was generated. Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56%.

Calculate the income yield?

Answer rating: 100% (QA)

To calculate the income yield we use the following formula textI... View the full answer