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?
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- Solve this financial accounting problemCurtis purchased a stock with an initial share price of $140 and sold it when the share price was $119. While he owned the stock, he earned $10 in dividends. What was his total percentage return on the investment?Last year, Carlotta bought five shares of Spot-Off Cleaners for $85 each. During the year, Carlotta recieved one cash dividend equal to $5.10 per share. Earlier today, she sold the stock for $88.40. (a) What rate of return did Carlotta earn on her investment? (b) What were the (1) dividend yield and (2) the capital gains tield associated with holding the stock?