5 1 2 3 Suppose a stock had an initial price of $74 per share, paid a dividend of $1.65 per share during the year, and had an ending share price of $61. Compute the total percentage return. What was the dividend yield? The capital gains yield? 4 Input area: 5 6 Initial price 7 Dividend paid 8 Ending share price 9 $74 $1.65 $61 10 (Use cells A6 to B8 from the given information to complete this question.) 11 12 Output area: 13 14 Total return 15 Dividend yield 16 Capital gains yield 17 10

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
icon
Related questions
Question
5
1
2
3
Suppose a stock had an initial price of $74 per share, paid a dividend of
$1.65 per share during the year, and had an ending share price of $61.
Compute the total percentage return. What was the dividend yield?
The capital gains yield?
4 Input area:
5
6 Initial price
7 Dividend paid
8 Ending share price
9
$74
$1.65
$61
10 (Use cells A6 to B8 from the given information to complete this question.)
11
12 Output area:
13
14 Total return
15 Dividend yield
16 Capital gains yield
17
10
Transcribed Image Text:5 1 2 3 Suppose a stock had an initial price of $74 per share, paid a dividend of $1.65 per share during the year, and had an ending share price of $61. Compute the total percentage return. What was the dividend yield? The capital gains yield? 4 Input area: 5 6 Initial price 7 Dividend paid 8 Ending share price 9 $74 $1.65 $61 10 (Use cells A6 to B8 from the given information to complete this question.) 11 12 Output area: 13 14 Total return 15 Dividend yield 16 Capital gains yield 17 10
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning