Question
Company Y expects to pay an annual dividend of $2.40 a share next year. The market value of the stock is $72 a share and
Company Y expects to pay an annual dividend of $2.40 a share next year. The market value of the stock is $72 a share and the overall market return is expected to be 14.7 percent. What is the capital gains yield?
A. 10.46 percent
B. 11.37 percent
C. 11.59 percent
D. 9.98 percent
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
