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How do i solve this? I got the price at 49 but my teacher told me its wrong Im confused: The capital gain yield of
How do i solve this?
I got the price at 49 but my teacher told me its wrong
Im confused:
The capital gain yield of an equity security is 9.27 percent. The security paid a quarterly dividend of $0.55 per share during the year. What is the current price of the security if the total return is 13.76 percent?
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