BritMarts Return. Since its listing last year on the FTSE 100, the market value of BritMart rose
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BritMart’s Return. Since its listing last year on the FTSE 100, the market value of BritMart rose from £21 to £23.5. For each of the following cases calculate the rate of return, distinguishing the dividend yield from the capital gain:
a. BritMart pays no dividend.
b. BritMart decides to pay a dividend of £0.85 per share.
c. BritMart paid the dividend, but the total return to the shareholder is separated into the dividend yield and the capital gain.
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Related Book For
Multinational Business Finance
ISBN: 9781292097879
14th Global Edition
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
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