You bought a stock one year ago for $48.76 per share and sold it today for $57.75 per share. It paid a $1.89 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 $48.76 per share and sold it today for $57.75 per share. It paid a $1.89 per share dividend today. How much of the return came from dividend yield and how much came from capital gain?
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter11: Determining The Cost Of Capital
Section: Chapter Questions
Problem 5MC
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General accounting
![You bought a stock one year ago for $48.76 per share
and sold it today for $57.75 per share. It paid a $1.89
per share dividend today. How much of the return
came from dividend yield and how much came from
capital gain?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F812c8a2a-c4c3-4ed3-a2eb-1f8fbb6a9581%2Fb8ec6a3d-f42b-4ab2-a9df-06cb299a7416%2Fhtg6veo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You bought a stock one year ago for $48.76 per share
and sold it today for $57.75 per share. It paid a $1.89
per share dividend today. How much of the return
came from dividend yield and how much came from
capital gain?
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