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2 8 - 3 0 . David purchased $ 5 , 0 0 0 of RCA Manufacturing common stock when it was selling for $
David purchased $ of RCA Manufacturing common stock when it was selling for $ per share. Today, which is one year after he purchased RCA, David sold the stock for $ per share. During the past year, RCA paid a quarterly dividend equal to $ per share. What rate of return did David earn on his investment in RCA? What
were the dividend yield and the capital gains yield associated with holding the stock?
Rate of RetUrn
Dividend Yield
Capital Gains Yield
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