Last year, Damian Lillard paid $39.25 for shares of Gatorade. Afterwards, he received a dividend of $1.39 per share. What is Damian Lillard’s capital gains yield if, at the end of the year, Gatorade shares closed at $44.65? a. 13.76% b. 12.09% c. 17.30% d. 3.54% e. 11.49%

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Last year, Damian Lillard paid $39.25 for shares of Gatorade. Afterwards, he received a dividend of $1.39 per share. What is Damian Lillard’s capital gains yield if, at the end of the year, Gatorade shares closed at $44.65?

a. 13.76%

b. 12.09%

c. 17.30%

d. 3.54%

e. 11.49%

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