One year ago, you bought a stock for $45.20 per share. You received a dividend of $2.50 per share last month and the stock today is worth $50.10 a share. What is the capital gains yield on this investment? a. 3.00 percent b. 7.23 percent c. 10.84 percent d. 4.35 percent
One year ago, you bought a stock for $45.20 per share. You received a dividend of $2.50 per share last month and the stock today is worth $50.10 a share. What is the capital gains yield on this investment? a. 3.00 percent b. 7.23 percent c. 10.84 percent d. 4.35 percent
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 5P
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Please give me true answer this financial accounting question

Transcribed Image Text:One year ago, you bought a stock for $45.20 per share. You received a dividend of $2.50
per share last month and the stock today is worth $50.10 a share. What is the capital gains
yield on this investment?
a. 3.00 percent
b. 7.23 percent
c. 10.84 percent
d. 4.35 percent
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