Question
hercules movers pays a constant annual dividend of $1.75 per share on its stock. Last year at this time the market rate of return on
hercules movers pays a constant annual dividend of $1.75 per share on its stock. Last year at this time the market rate of return on this stock was 14.8 percent. Today, the market rate has fallen to 11.2 percent. What would your capital gains yield have been if you had purchsed this stock one year ago and then sold the stock today?
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Enron And World Finance A Case Study In Ethics
Authors: P. Dembinski, C. Lager, A. Cornford, J. Bonvin
1st Edition
