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7-5 Last year, Carlotta bought five shares of Spot-Off Cleaners for $85 each. During the year, Carlotta received one cash dividend equal to $5.10 per

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7-5 Last year, Carlotta bought five shares of Spot-Off Cleaners for $85 each. During the year, Carlotta received one cash dividend equal to $5.10 per share. Earlier today, she sold the stock for $88.40. (a) What rate of return did Carlotta earn on her investment? (b) What were the (1) dividend yield and (2) the capital gains yield associated with holding the stock? (LO 7-2)

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