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DIVIDEND YIELD? Check my work mode : This shows what is correct or incorrect for the work you have completed so fa Suppose a stock
DIVIDEND YIELD?
Check my work mode : This shows what is correct or incorrect for the work you have completed so fa Suppose a stock had an initial price of $97 per share, paid a dividend of $2.10 per share during the year, and had an ending share price of $117. a.Compute the percentage total return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b.What was the dividend yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What was the capital gains yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Answer is complete but not entirely correct. b. Percentage total return Dividend yield Capital gains yield 22.78 % 21.64 +0 % 20.62 % G Step by Step Solution
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