Question
Linda purchased Cullumber Corporation stock for $51.90 per share. She sold the stock one-year later for $57.01 per share and collected $2.80 in dividends. What
Linda purchased Cullumber Corporation stock for $51.90 per share. She sold the stock one-year later for $57.01 per share and collected $2.80 in dividends. What was her capital gains yield for the year?
A. 8.96%
B. 9.85%
C. 8.50%
D. 5.11%
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The Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
13th Global Edition
1292409487, 978-1292409481
