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    dgandy's Avatar
    dgandy Posts: 1, Reputation: 1
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    Feb 26, 2013, 01:12 PM
    A year ago, Melissa purchased 50 shares of common stock for $20 per share.
    A year ago, Melissa purchased 50 shares of common stock for $20 per share. During the year, value of her stock decreased to pay $18 per share. If the stock did not pay a dividend during the year, what yield did Melissa earn on her investment?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    Feb 26, 2013, 01:19 PM
    AMHD does not do homework. If you post your formula someone will comment on it.

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