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Please show all work! Thank you! a) What was the average dividend yield for the S&P 500 from 1991-2021? (Hint: use Pt1Divt to calculate the
Please show all work! Thank you!
a) What was the average dividend yield for the S\&P 500 from 1991-2021? (Hint: use Pt1Divt to calculate the annual dividend yield) b) What was the volatility of the dividend yield? c) What was the average annual return of the S\&P 500 from 1991-2021 excluding dividends (i.e., from capital gains only)? d) What was the volatility of the S\&P 500 returns from capital gains? e) Were dividends or capital gains a more important component of the S\&P 500's average returns during this period? Which were the more important source of volatility? a) What was the average dividend yield for the S\&P 500 from 1991-2021? (Hint: use Pt1Divt to calculate the annual dividend yield) b) What was the volatility of the dividend yield? c) What was the average annual return of the S\&P 500 from 1991-2021 excluding dividends (i.e., from capital gains only)? d) What was the volatility of the S\&P 500 returns from capital gains? e) Were dividends or capital gains a more important component of the S\&P 500's average returns during this period? Which were the more important source of volatilityStep by Step Solution
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