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?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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General accounting
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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