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EX7. 1. Last year, Julie Johnson bought one share of common stock for $1,075. During the year, Julie received a $67.50 dividend. Earlier today, she
EX7. 1. Last year, Julie Johnson bought one share of common stock for $1,075. During the year, Julie received a $67.50 dividend. Earlier today, she sold the stock for $1,097.
What rate of return did Julie earn on her investment? Round your answer to two decimal places.
________%
What were the dividend yield and the capital gains yield associated with holding the stock? Round your answers to two decimal places.
Dividend yield: ___________%
Capital gains yield: _____________%
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