Suppose a stock from Atlantic Bay Holdings had an initial price of $55 per share, paid a dividend of $0.75 per share during the year, and had an ending share price of $42. What was the capital gains yield?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter7: Valuation Of Stocks And Corporations
Section7.4: Valuing Common Stocks
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What was the capital gains yield on these financial accounting question?

Suppose a stock from Atlantic Bay Holdings had an initial price of
$55 per share, paid a dividend of $0.75 per share during the year,
and had an ending share price of $42.
What was the capital gains yield?
Transcribed Image Text:Suppose a stock from Atlantic Bay Holdings had an initial price of $55 per share, paid a dividend of $0.75 per share during the year, and had an ending share price of $42. What was the capital gains yield?
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