An investor purchased 500 shares of XYZ stock at $28 per share (ignoring commissions). During the year, the stock paid dividends of $1.75 per share. The stock was later sold at $32.50 per share. What was the capital gains yield? A) 13.5% B) 16.1% C) 15.0% D) 16.7%

An investor purchased 500 shares of XYZ stock at $28 per share (ignoring commissions). During the year, the stock paid dividends of $1.75 per share. The stock was later sold at $32.50 per share. What was the capital gains yield? A) 13.5% B) 16.1% C) 15.0% D) 16.7%

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Question

What was the capital gains yield ? Solve this question general Accounting

An investor purchased 500 shares of XYZ stock at $28 per share
(ignoring commissions). During the year, the stock paid dividends of
$1.75 per share. The stock was later sold at $32.50 per share.
What was the capital gains yield?
A) 13.5%
B) 16.1%
C) 15.0%
D) 16.7%

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