Question
13) Rita buys 100 shares of Apple stock at $200 and sells it one year later at $218 per share. Apple also paid a dividend
13) Rita buys 100 shares of Apple stock at $200 and sells it one year later at $218 per share. Apple also paid a dividend of $2.00 per share to all shareholders that year.
What is Rita's capital gain?
What is the dividend yield on the stock?
What is the total amount that Rita received from Apple in dividends?
What is Rita's TOTAL return on investment?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
