Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One year ago, you bought a stock for $37.25 per share. You received a dividend of $1.27 per share last month and sold the stock

image text in transcribed
One year ago, you bought a stock for $37.25 per share. You received a dividend of $1.27 per share last month and sold the stock today for $39.75 per share. What is the capital gains yield on this investment? Seleccione una: a. 6.29 percent b. 6.71 percent c. 3.22 percent d. 5.95 percent e. 3.19 percent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Emerging Markets And The Global Economy A Handbook

Authors: Mohammed El Hedi Arouri, Sabri Boubaker, Duc Khuong Nguyen

1st Edition

0124115497, 978-0124115491

More Books

Students also viewed these Finance questions