Consider the following price and dividend data for Quicksilver Inc.: Dividend ($) Price ($) $14.4 $13.51 $9.14 $10.74 $8.02 $7.72 Date December 31, 2020 January 26, 2021 April 28, 2021 July 29, 2021 October 28, 2021 December 30, 2021 $0.11 $0.11 $0.11 $0.11 Assume that you purchased Quicksilver's stock at the closing price on December 31, 2020 and sold it after the dividend had been paid at the closing price on January 26, 2021. Your capital gains rate (yield) for this period is closest to A. 0.88% OB. -5.42% O C. -6.18% OD. 0.8%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Consider the following price and dividend data for Quicksilver Inc.:
Dividend ($)
Price ($)
$14.4
$13.51
$9.14
$10.74
$8.02
$7.72
Date
December 31, 2020
January 26, 2021
April 28, 2021
July 29, 2021
October 28, 2021
December 30, 2021
Assume that you purchased Quicksilver's stock at the closing price on December 31, 2020 and sold it after the dividend had been paid at the closing price on January 26, 2021. Your capital gains
rate (yield) for this period is closest to
A. 0.88%
OB. -5.42%
$0.11
$0.11
$0.11
$0.11
OC.-6.18%
OD. 0.8%
...
Transcribed Image Text:Consider the following price and dividend data for Quicksilver Inc.: Dividend ($) Price ($) $14.4 $13.51 $9.14 $10.74 $8.02 $7.72 Date December 31, 2020 January 26, 2021 April 28, 2021 July 29, 2021 October 28, 2021 December 30, 2021 Assume that you purchased Quicksilver's stock at the closing price on December 31, 2020 and sold it after the dividend had been paid at the closing price on January 26, 2021. Your capital gains rate (yield) for this period is closest to A. 0.88% OB. -5.42% $0.11 $0.11 $0.11 $0.11 OC.-6.18% OD. 0.8% ...
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