Get correct answer accounting questions Maria purchased a stock for $42.67 a share and sold it one year later for $43.89 ashare. She also received a dividend of $1.20 per share. What was her capital gainsyield?a. 5.51%b. 2.34%c. 2.86%d. 5.67%e. 4.99%

The question requires the determination of the capital gains yield. A capital gains yield is the…

Answered: Maria purchased a stock for $42.67 a…

EBK CFIN

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Chapter5: The Cost Of Money (interest Rates)

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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%