Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 21, 2024

one year ago, you purchased a stock at a price of $32 a share. today you sold the stock and realized a total return of

one year ago, you purchased a stock at a price of $32 a share. today you sold the stock and realized a total return of 14.62 percent. your capital gain was $3.48 a share. what was your dividend yield on this stock?

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

Recommended Textbook for

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

12th Edition

978-0073526706, 9780073526706

Students also viewed these Finance questions

Question

You have recently identified that your organisation needs to recruit staff members to fill a skilled labour gap. You have determined that ANZSCO has identified the role as an emerging occupation and...

Answered: 1 week ago

Question

What are the 5 elements of a project life cycle? (2.5 marks) Draw a generic lifecycle representing the stages that this project will go through. (4.5 marks) Note: Draw this lifecycle in Microsoft...

Answered: 1 week ago

Question

Rewrite professionally: Thank you for your contributions to this request Dr. Datta. Kindly place your answer in written format on company letterhead and include your signature, along with your...

Answered: 1 week ago

Question

★★★★★

During the software design phase, software engineers define details about the product construction, behavior, components, and interfaces. Explain how you can use the Unified Modeling Language (UML)...

Answered: 1 week ago

Question

★★★★★

Wayne is single and has no dependents. Without considering his $11,000 adjusted net capital gain (ANCG), his taxable income in 2013 is as follows: AGI...

Answered: 1 week ago

Question

★★★★★

Consider two investment projects, both of which require an upfront investment of $11 million and pay a constant positive amount each year for the next 10 years. Under what conditions can you rank...

Answered: 1 week ago

Question

★★★★★

2. Explanatory links are also helpful in labeling visual material such as graphs, concept maps, or illustrations.

Answered: 1 week ago

Question

★★★★★

Exhibit 3.29 presents common-size statements of cash flows for eight firms in various industries. All amounts in the common-size statements of cash flows are expressed as a percentage of cash flow...

Answered: 1 week ago

Question

★★★★★

A construction company has a fixed overhead of $60,000 and a variable overhead of 2.5% of revenue. Historically, construction costs have been 88% of revenue. What is the minimum amount of sales that...

Answered: 1 week ago

Question

★★★★★

Pharaoh company obtains $44,800 in cash by signing a 7%, 6 month, $44,800 note payable to First Bank on July 1. Pharoah's fiscal year ends on September 30. What information should be reported for the...

Answered: 1 week ago

Question

★★★★★

Completion of a Work Sheet Showing a Net Loss 1. Complete the Adjustments columns. 2. Complete the work sheet. 3. Enter the adjustments in a general journal. If an amount box does not require an...

Answered: 1 week ago

Question

★★★★★

Sales Revenue $ 1 0 0 0 0 0 , Variable Costs $ 6 0 0 0 0 , Fixed Costs $ 2 0 0 0 0 . What is the

Answered: 1 week ago

Question

★★★★★

According to Wheeler (Axiom 7): "Every data set contains noise. Some data sets also contain signals. Before you can detect the signals within your data, you must filter out the noise". Explain the...

Answered: 1 week ago

Question

★★★★★

Lavazza distributes ground coffee in three supply chain channels (i = 1, 2 and 3). For each channel the demand-price relationship (in boxes) is linearly defined by the constants A1, A2 and A3 and...

Answered: 1 week ago

Question

★★★★★

Develop analysis in collaboration with public health and community-based organizations to improve the health of the population by selecting a priority population on which to focus then do the...

Answered: 1 week ago

Question

★★★★★

Do you believe that the advancement of digitalisation has rendered microeconomic theory obsolete? Give an example to back up your claims.

Answered: 1 week ago

Question

★★★★★

A proposed 261-unit multi-family property has a total construction budget of $55,000,000. The Lender will provide a construction loan at 75% LTC at an average annual interest rate of 9.0%. What would...

Answered: 1 week ago

Question

★★★★★

-4 1 9. Let A = Find A-1, (A") and verify that (A")= (A-1)".

Answered: 1 week ago

Question

★★★★★

23. Cash Management. Suppose that the rate of interest increases from 4% to 8% per year. Would firms' cash balances go up or down relative to sales? Explain. (LOS)

Answered: 1 week ago

Question

★★★★★

15. Credit Analysis. Financial ratios were described in Chapter 4. If you were the credit manager, to which financial ratios would you pay most attention? (LO3)

Answered: 1 week ago

Question

★★★★★

21. Lock Boxes. The financial manager of JAC Cosmetics is considering opening a lock box in Pittsburgh. Checks cleared through the lock box will amount to $300,000 per month. The lock box will make...

Answered: 1 week ago

Previous Question Next Question