Question
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 25 percent. Your capital gain was $6 a share. What was your dividend yield on this stock?
1.25 percent
3.75 percent
6.25 percent
18.75 percent
21.25 percent
PLEASE show all work
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
13th Edition
1337395080, 9781337395083
