You bought a stock one year ago for $35.45 per share and sold it today for $42.90 per share. It paid a $1.50 per share dividend today. How much of the return came from dividend yield and how much came from capital gain?
You bought a stock one year ago for $35.45 per share and sold it today for $42.90 per share. It paid a $1.50 per share dividend today. How much of the return came from dividend yield and how much came from capital gain?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Can you help me find the accurate solution to this financial accounting problem using valid principles?

Transcribed Image Text:You bought a stock one year ago for $35.45 per share and sold
it today for $42.90 per share. It paid a $1.50 per share dividend
today. How much of the return came from dividend yield and
how much came from capital gain?
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