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Jeff purchased shares in Jennifer's Jump Ropes, Inc. and realized a change in price from his purchase price of $35,000 in 2013 to his selling
Jeff purchased shares in Jennifer's Jump Ropes, Inc. and realized a change in price from his purchase price of $35,000 in 2013 to his selling price of $46.00 in 2014. If the firm paid Jeff dividends totaling $2.00 during the year he owned the stock, what were his capital gains yield and his dividend yiel for the year?
A. CGY= 2.17% and DY=4.3%
B. CGY= 31.43% and DY= 5.71%
C. CGY=31.43% and DY= 4.3%
D. Cannot be determined from the information provided
E. None of the above
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