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please show me all the steps and answers! thank you Consider the following Price and Dividend data for General Electric Company: Dividend ($) Date Dec.
please show me all the steps and answers! thank you
Consider the following Price and Dividend data for General Electric Company: Dividend ($) Date Dec. 31, 2008 Jan. 26, 2009 Apr. 28, 2009 Jul. 29, 2009 Oct. 28, 2009 Dec. 30, 2009 Price ($) 14.64 13.35 9.14 10.74 8.02 7.72 0.10 0.10 0.10 0.10 Assume that you purchased General Electric Company stock at the closing price on Dec. 31, 2008 and sold it after the dividend had been paid and at the closing price on Jan. 26, 2009. a) What is your dividend yield for this period? b) What is your capital gains rate (yield) for this periodStep by Step Solution
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