Question
ONE year ago you bought stock a stock at 36.48 a share. You received a dividend of 1.62 per share last month and sold the
ONE year ago you bought stock a stock at 36.48 a share. You received a dividend of 1.62 per share last month and sold the stock today for 40.18 a share. What is the capital gains yeild of this investment?
A. 2.86%
B. 3.70 %
C. 10.14%
D. 12.29%
E. 14.58%
show work please
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
The Future For Investors
Authors: Jeremy Siegel
1st Edition
140008198X, 978-1400081981
