Question One year ago, Stacey purchased 100 shares of KNF stock for $3,245. Today, she sold those shares for $35.00 per share. What is the capital gains yield on this investment if the dividend yield is 1.4 percent? a) 7.11 percent b) 7.86 percent c) 5.96 percent d) -7.29 percent e) -7.86 percent
Question One year ago, Stacey purchased 100 shares of KNF stock for $3,245. Today, she sold those shares for $35.00 per share. What is the capital gains yield on this investment if the dividend yield is 1.4 percent? a) 7.11 percent b) 7.86 percent c) 5.96 percent d) -7.29 percent e) -7.86 percent
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 2P
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One year ago, Stacey purchased 100 shares of KNF stock for $3,245.
Today, she sold those shares for $35.00 per share. What is the capital
gains yield on this investment if the dividend yield is 1.4 percent?
a) 7.11 percent
b) 7.86 percent
c) 5.96 percent
d) -7.29 percent
e) -7.86 percent
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