Nancy Cotton bought 400 shares of NeTalk for $15 per share. One year later, Nancy sold the stock for $21per share, just after she received a $0.90 cash dividend from the company.

a) What is dollar return earned by Nancy for the year?

b) What is the rate return earned by Nancy?

c) separate the rate of return computed in part (b) into the dividend yield and the capital gains yield. In other words, compute the dividend yield and the capital gains yield that Nancy earned by holding NeTalk for one year.