Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending share price of $64. What was the dividend yield and the capital gains yield? (Round your answers to 2 decimal places. (e.g., 32.16))

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
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Suppose a stock had an initial price of $54 per share, paid
a dividend of $1.30 per share during the year, and had an
ending share price of $64. What was the dividend yield
and the capital gains yield? (Round your answers to 2
decimal places. (e.g., 32.16))
Transcribed Image Text:Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending share price of $64. What was the dividend yield and the capital gains yield? (Round your answers to 2 decimal places. (e.g., 32.16))
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