Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

A stock had an initial price of $72 per share, paid a dividend of $1.65 per share during the year, and had an ending share

A stock had an initial price of $72 per share, paid a dividend of $1.65 per share during the year, and had an ending share price of $62. 1. What was the dividend yield? 2. The capital gains yield? 3. What was the total percentage return?

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_2

Step: 3

blur-text-image_3

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

Foundations In Personal Finance

Authors: Dave Ramsey

3rd Edition

1936948524, 978-1936948529

More Books

Students explore these related Finance questions

Question

Explain the value of a true open-door policy

Answered: 3 weeks ago