FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9. One year ago, you bought a stock for $21.40 a share. You received a dividend of $1.90 per share last month and sold the

image text in transcribed
image text in transcribed
9. One year ago, you bought a stock for $21.40 a share. You received a dividend of $1.90 per share last month and sold the stock today for $19.80 a share. What is the capital gains yield on this investment? A. - 8.08 percent B. - 7.48 percent C. 5.47 percent D. 1.40 percent E. 1.52 percent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey of Accounting

Survey of Accounting

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

3rd Edition

ISBN: 978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856

More Books

Students also viewed these Accounting questions

Question

★★★★★
A 500 W Carnot engine operates between constant temperature reservoirs at 100oC and 60.0oC. What is the rate at which energy is (a) Taken in by the engine as heat and (b) Exhausted by the engine as...

Answered: 1 week ago

Question

★★★★★
The value of an arrays length equals the value of the arrays largest acceptable index. (T / F)

Answered: 1 week ago

Question

★★★★★
=+Are the assumptions and conditions for ANOVA satisfied? Coupon Card Movie No Offer 100 0 100 300 500 700 Offer Miles Traveled Offer vs. Miles Traveled 900

Answered: 1 week ago

Question

★★★★★
1. What factors should be considered when developing inventory systems for the 10,000 items carried by Dano's? What are the key differences between items that would affect how their inventory is...

Answered: 1 week ago

Question

★★★★★
sql ssignments_ Intro to DBMS CS D Microsoft PowerPoint-L07-SQL/X D Microsoft PowerPort-L07-SQL Microsoft Po erport ufti/Downloads/LO7-Exercises 01_partB.pdf Provide working SQL DML statements for...

Answered: 1 week ago

Question

★★★★★
please solve mathematically Consider a Newtonian fluid that flows over a flat surface under laminar flow conditions with a boundary layer velocity that can be approximated by: Vx=Uy/, where is the...

Answered: 1 week ago

Question

★★★★★
Match the communication methods with their corresponding advantages in the table below: Table of communication methods and descriptions. Method A: Increases flexibility and reduces pressure. Method...

Answered: 1 week ago

Question

★★★★★
A. Patrimonio is a stockholder of ABC, Inc. which has 30,000 shares outstanding and 50,000 shares of authorized capital stock. There are eleven seats in the board of directors. 7. How many shares and...

Answered: 1 week ago

Question

★★★★★
28 S Sol-Motors is the only auto manufacturer in West Lidia, a country that prohibits the importation of cars. The graph below shows the demand and the costs for Sol-Motors. Costs and revenues (in...

Answered: 1 week ago

Question

★★★★★
Wasteful usage of variable overhead costs such as indirect materials and utilitiesi.e., misplacing or spilling indirect materials or leaving machines running and doors to refrigerated areas open will...

Answered: 1 week ago

Question

★★★★★
The intName method in the "Problem Solving: Stepwise Refinement"section accepted arguments < 1,000. Using a recursive call,extend its range to 999,999. For example an input of 12,345 shouldretur 1...

Answered: 1 week ago

Question

★★★★★
In a Supply Chain a safety stock is a buffer for lack of flexibility in a supply chain. A high level of safety stock is: Question 9 options: An indication of an inefficient supply chain. A symptom of...

Answered: 1 week ago

Question

★★★★★
2. Give an example where information that is emotionally interesting, specific and close in time and space, can be used to capture someones interest.

Answered: 1 week ago

Question

★★★★★
7. How can an interpreter influence the utterer (sender)?

Answered: 1 week ago

Question

★★★★★
9. Find a news article in a daily newspaper written by a journalist. How is this news article related to: (a) The writers expertise? (b) The context? (c) The personal characteristics of the writer?...

Answered: 1 week ago

Previous QuestionNext Question