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Question: James bought shares at $78.45 each and sold them 15 months later for $82.90 per share. He received dividends of $2.50 per share during this period. Calculate his capital gains yield. a. 7.84% b. 5.67% c. 4.95% d. 6.32% e. 5.32%

Question: James bought shares at $78.45 each and sold them 15 months later for $82.90 per share. He received dividends of $2.50 per share during this period. Calculate his capital gains yield. a. 7.84% b. 5.67% c. 4.95% d. 6.32% e. 5.32%

EBK CFIN
EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 3PROB
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Question: James bought shares at $78.45 each and sold them 15 months later for $82.90 per share. He received dividends of $2.50 per share during this period. Calculate his capital gains yield. a. 7.84% b. 5.67% c. 4.95% d. 6.32% e. 5.32%
Transcribed Image Text:Question: James bought shares at $78.45 each and sold them 15 months later for $82.90 per share. He received dividends of $2.50 per share during this period. Calculate his capital gains yield. a. 7.84% b. 5.67% c. 4.95% d. 6.32% e. 5.32%
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