One year ago, you bought a stock for $36.48 a share. You received a dividend of $1.62 per share last month and the stock today for $40.18 a share. What is the capital gains yield on this investment? A. 2.86 percent B. 3.70 percent C. 10.14 percent D. 12.29 percent E. 14.58 percent
One year ago, you bought a stock for $36.48 a share. You received a dividend of $1.62 per share last month and the stock today for $40.18 a share. What is the capital gains yield on this investment? A. 2.86 percent B. 3.70 percent C. 10.14 percent D. 12.29 percent E. 14.58 percent
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 8P
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