Suppose you invested $92 in the shares High Yield Fund (HYG) a month ago. It paid a dividend of $0.51 today and then you sold it for $93. What was your dividend yield and capital gains yield on the investment? A. 1.09%, 1.2% B. 0.53%, 1.14% C. 0.55%, 1.09% D. 0.55%, 1.14%
Suppose you invested $92 in the shares High Yield Fund (HYG) a month ago. It paid a dividend of $0.51 today and then you sold it for $93. What was your dividend yield and capital gains yield on the investment? A. 1.09%, 1.2% B. 0.53%, 1.14% C. 0.55%, 1.09% D. 0.55%, 1.14%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Financial accounting question
![Suppose you invested $92 in the shares High Yield
Fund (HYG) a month ago. It paid a dividend of $0.51
today and then you sold it for $93.
What was your dividend yield and capital gains yield
on the investment?
A. 1.09%, 1.2%
B. 0.53%, 1.14%
C. 0.55%, 1.09%
D. 0.55%, 1.14%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F141014f1-095f-47ae-83b7-54ebeee6ecb1%2Ff8fad4dd-c2b3-425a-bb6b-f9d9dce5a917%2Fa54n6b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose you invested $92 in the shares High Yield
Fund (HYG) a month ago. It paid a dividend of $0.51
today and then you sold it for $93.
What was your dividend yield and capital gains yield
on the investment?
A. 1.09%, 1.2%
B. 0.53%, 1.14%
C. 0.55%, 1.09%
D. 0.55%, 1.14%
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