Lucas purchased a stock for $55.32 per share and sold it one year later for $57.01 per share. He also received a dividend of $1.45 per share. What was his capital gains yield? Accounting

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 5BCRQ
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Lucas purchased a stock for $55.32 per share and sold it one year later for $57.01 per share. He also received a dividend of $1.45 per share. What was his capital gains yield? Accounting

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