Maria purchased a stock for $42.67 a share and sold it one year later for $43.89 a share. She also received a dividend of $1.20 per share. What was her capital gains yield? a. 5.51% b. 2.34% c. 2.86% d. 5.67% e. 4.99%
Maria purchased a stock for $42.67 a share and sold it one year later for $43.89 a share. She also received a dividend of $1.20 per share. What was her capital gains yield? a. 5.51% b. 2.34% c. 2.86% d. 5.67% e. 4.99%
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 3PROB
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Transcribed Image Text:Maria purchased a stock for $42.67 a share and sold it one year later for $43.89 a
share. She also received a dividend of $1.20 per share. What was her capital gains
yield?
a. 5.51%
b. 2.34%
c. 2.86%
d. 5.67%
e. 4.99%
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