Question
One year ago, you purchased 300 shares of stock at a cost of $6,000. The stock paid an annual dividend of $1.10 per share. Today,
One year ago, you purchased 300 shares of stock at a cost of $6,000. The stock paid an annual dividend of $1.10 per share. Today, you sold those shares for $22.50 each. What is the capital gains yield on this investment?
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Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
