Question
Nancy Cotton bought NuTalk for $12 per share. One year later, Nancy sold the stock for $21 per share, just after she received a $0.60
Nancy Cotton bought NuTalk for $12 per share. One year later, Nancy sold the stock for $21 per share, just after she received a $0.60 cash dividend from the company. What total return did Nancy earn? What was the dividend yield and capital gains yield?
*please show work, so I can do my practice problems*
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Financial Management Theory And Practice
Authors: Prasanna Chandra
9th Edition
9339222571, 978-9339222574
