Question
*Not annualized Consider the following Price and Dividend data for Starbucks: Date Price ($) Dividend ($) December 31, 2008 $14.64 January 26, 2009 $13.35 $0.10
*Not annualized
Consider the following Price and Dividend data for Starbucks:
Date | Price ($) | Dividend ($) |
December 31, 2008 | $14.64 |
|
January 26, 2009 | $13.35 | $0.10 |
April 28, 2009 | $9.14 | $0.10 |
July 29, 2009 | $10.74 | $0.10 |
October 28, 2009 | $8.02 | $0.10 |
December 30, 2009 | $7.72 |
|
a) Assume that you purchased Starbucks stock at the closing price on January 26, 2009 and sold it after the dividends had been paid at the closing price on December 30, 2009. Your dividend yield for this period is:
b) Assume that you purchased Starbucks stock at the closing price on January 26, 2009 and sold it after the dividends had been paid at the closing price on December 30, 2009. What is your total return rate (yield) for this period?
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