1. Suvari Returns. If the share price of Suvari, a Florida-based shipping company, rises from $16.00 to $18.00 over a one year period, what was the rate of return to the shareholder if:

a. The company paid no dividends

b. The company paid a dividend of $1.00 per share

c. Assuming the company pays the dividend, separate the total return to the shareholder into the dividend yield and the capital gain Use the following formula for shareholder returns where P, is the share price at time t, and D, is the dividend paid at time t. 

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P-P+D Shareholder return: P 1 P-P D P + P