Question
Last year, you purchased 500 shares of Forever, Inc., stock at a price of $45.32 per share. You received $700 in dividends and a total
Last year, you purchased 500 shares of Forever, Inc., stock at a price of $45.32 per share. You received $700 in dividends and a total of $24,995 when you sold the stock. What was the capital gains yield on this stock?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
6th International Edition
0071229035, 978-0071229036
