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K You just purchased a share of SPCC for $97. You expect to receive a dividend of $6 in one year. If you expect the price after the dividend is paid to be $108, what total return will you have earned over the year? What was your dividend yield? Your capital gain rate? The total return you will have earned over the year is %. (Round to two decimal places.) Your dividend yield will be %. (Round to two decimal places.) Your capital gain rate will be %. (Round to two decimal places) KD

K You just purchased a share of SPCC for $97. You expect to receive a dividend of $6 in one year. If you expect the price after the dividend is paid to be $108, what total return will you have earned over the year? What was your dividend yield? Your capital gain rate? The total return you will have earned over the year is %. (Round to two decimal places.) Your dividend yield will be %. (Round to two decimal places.) Your capital gain rate will be %. (Round to two decimal places) KD

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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K You just purchased a share of SPCC for $97. You expect to receive a dividend of $6 in one year. If you expect the price after the dividend is paid to be $108, what total return will you have earned over the year? What was your dividend yield? Your capital gain rate? The total return you will have earned over the year is %. (Round to two decimal places.) Your dividend yield will be %. (Round to two decimal places.) Your capital gain rate will be %. (Round to two decimal places) D
Transcribed Image Text:K You just purchased a share of SPCC for $97. You expect to receive a dividend of $6 in one year. If you expect the price after the dividend is paid to be $108, what total return will you have earned over the year? What was your dividend yield? Your capital gain rate? The total return you will have earned over the year is %. (Round to two decimal places.) Your dividend yield will be %. (Round to two decimal places.) Your capital gain rate will be %. (Round to two decimal places) D
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