You bought a stock one year ago for $48.64 per share and sold it today for $59.21 per share. It paid a $1.81 per share dividend today. How much of the return came from dividend yield and how much came from capital gain? The return that came from dividend yield is The return that came from capital gain is %. (Round to one decimal place.) %. (Round to one decimal place.)
You bought a stock one year ago for $48.64 per share and sold it today for $59.21 per share. It paid a $1.81 per share dividend today. How much of the return came from dividend yield and how much came from capital gain? The return that came from dividend yield is The return that came from capital gain is %. (Round to one decimal place.) %. (Round to one decimal place.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
7.

Transcribed Image Text:You bought a stock one year ago for $48.64 per share and sold it today for $59.21 per share. It
paid a $1.81 per share dividend today. How much of the return came from dividend yield and
how much came from capital gain?
The return that came from dividend yield is
The return that came from capital gain is
%. (Round to one decimal place.)
%. (Round to one decimal place.)
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you

Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,



Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,



Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,

Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education