Question
Last year, Derrick purchased 150 shares of WXYZ Corp. for $47.50. One year later, the stock prices increased to $46.80 and each share paid $1.60
Last year, Derrick purchased 150 shares of WXYZ Corp. for $47.50. One year later, the stock prices increased to $46.80 and each share paid $1.60 in dividend. What is Derricks total dollar return? What is Derricks capital gain (loss) yield?
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