GreenTech Industries stock sold for $5.80 on January 1 and ended the year at a price of $7.00. In addition, the stock paid dividends of $0.50 per share. Calculate GreenTech's dividend yield, capital gains yield, and total rate of return for the year.

GreenTech Industries stock sold for $5.80 on January 1 and ended the year at a price of $7.00. In addition, the stock paid dividends of $0.50 per share. Calculate GreenTech's dividend yield, capital gains yield, and total rate of return for the year.

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

Financial accounting

GreenTech Industries stock sold for $5.80 on January 1
and ended the year at a price of $7.00. In addition, the
stock paid dividends of $0.50 per share.
Calculate GreenTech's dividend yield, capital gains yield,
and total rate of return for the year.

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