You bought Stock X a year ago. Today, one year later, Stock X paid a dividend...

Transcribed Image Text:

You bought Stock X a year ago. Today, one year later, Stock X paid a dividend of $6, and you sold it immediately after. If the dividend yield for Stock X was 7.5% and the capital gain rate was -18.75%, how much did you sell Stock X for today? The amount you sold Stock X for today is closest to: A. $95 B. $75 C. $80 D. $67.73 E. $65 You bought Stock X a year ago. Today, one year later, Stock X paid a dividend of $6, and you sold it immediately after. If the dividend yield for Stock X was 7.5% and the capital gain rate was -18.75%, how much did you sell Stock X for today? The amount you sold Stock X for today is closest to: A. $95 B. $75 C. $80 D. $67.73 E. $65