A stock had an initial price of $40 per share, paid a dividend of $1.20 per share during the year, and had an ending share price of $46. Calculate: a) The dividend yield b) The capital gains yield (Round answers to 2 decimal places)
A stock had an initial price of $40 per share, paid a dividend of $1.20 per share during the year, and had an ending share price of $46. Calculate: a) The dividend yield b) The capital gains yield (Round answers to 2 decimal places)
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...
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Financial accounting
![A stock had an initial price of $40 per share, paid a
dividend of $1.20 per share during the year, and had
an ending share price of $46. Calculate: a) The
dividend yield b) The capital gains yield (Round
answers to 2 decimal places)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd2108efb-0f75-461b-a0e4-0d0afbf51ff8%2Fff4c2878-217d-441c-bc1a-97751594207e%2F4mgohcr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A stock had an initial price of $40 per share, paid a
dividend of $1.20 per share during the year, and had
an ending share price of $46. Calculate: a) The
dividend yield b) The capital gains yield (Round
answers to 2 decimal places)
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