Question
Last year, you purchased 200 shares of XYZ Co. stock for $81.76 a share. You just sold your shares at $90.45 per share. You have
Last year, you purchased 200 shares of XYZ Co. stock for $81.76 a share. You just sold your shares at $90.45 per share. You have received a total of $1200 in dividends during your holding period.
Which of the following statements is NOT correct?
The dividend yield of your investment is 7.34%.
Your total return on this investment is 17.97%.
Your dollar return on this investment is $2938.
Your dividend yield is higher than the capital gains yield in this investment.
You received $6 dividends per share.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
