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Hercules Movers pays a constant annual dividend of $1.48 per share on its stock. Last year at this time the market rate of return on
Hercules Movers pays a constant annual dividend of $1.48 per share on its stock. Last year at this time the market rate of return on this stock was 15.7 today the market rate has fallen to 13.3% what would your capital gains yield have been if you had purchased this stock one year ago and then sold the stock today?
8.16%
18.05%
16.07%
-22.03%
-15.29%
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