Last year, Julie Johnson bought one share of common stock for $950. During the year, Julie received a $60.50 dividend. Earlier today, she sold the stock for $976. What rate of return did Julie earn on her investment? Round your answer to two decimal places.   _______ % What were the dividend yield and the capital gains yield associated with holding the stock? Round your answers to two decimal places. Dividend yield:   _______ % Capital gains yield:   _______ %

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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Last year, Julie Johnson bought one share of common stock for $950. During the year, Julie received a $60.50 dividend. Earlier today, she sold the stock for $976.

  1. What rate of return did Julie earn on her investment? Round your answer to two decimal places.

      _______ %

  2. What were the dividend yield and the capital gains yield associated with holding the stock? Round your answers to two decimal places.

    Dividend yield:   _______ %

    Capital gains yield:   _______ %

Last year, Julie Johnson bought one share of common stock for $950. During the year, Julie received a $60.50 dividend. Earlier today, she sold the stock for $976.

a. What rate of return did Julie earn on her investment? Round your answer to two decimal places.  
\[ \_\_\_\_ \%\]

b. What were the dividend yield and the capital gains yield associated with holding the stock? Round your answers to two decimal places.

Dividend yield: \[ \_\_\_\_ \%\]

Capital gains yield: \[ \_\_\_\_ \%\]
Transcribed Image Text:Last year, Julie Johnson bought one share of common stock for $950. During the year, Julie received a $60.50 dividend. Earlier today, she sold the stock for $976. a. What rate of return did Julie earn on her investment? Round your answer to two decimal places. \[ \_\_\_\_ \%\] b. What were the dividend yield and the capital gains yield associated with holding the stock? Round your answers to two decimal places. Dividend yield: \[ \_\_\_\_ \%\] Capital gains yield: \[ \_\_\_\_ \%\]
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