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%
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 3PROB
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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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