Question
Chase Bank pays an annual dividend of $1.13 per share on its common stock. One year ago, this stock sold for $52.00 per share.
Chase Bank pays an annual dividend of $1.13 per share on its common stock. One year ago, this stock sold for $52.00 per share. Today, the stock is priced to sell at $31.80 a share. What is the capital gains yield?
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
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