Question
A year ago, you bought 800 shares of a stock for a total of $13,200. The stock paid a dividend of $2.15 per share. Today,
A year ago, you bought 800 shares of a stock for a total of $13,200. The stock paid a dividend of $2.15 per share. Today, you sold those shares for $24.25 per share. What was your capital gains yield on this investment?
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Get StartedRecommended Textbook for
Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
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