Practice Problem $7-1$

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Last year, Julie Johnson bought one share of common stock for $$1,100.$ During the year, Julie received a $$48\mathrm{.}50$ dividend. Earlier today, she sold the stock for $$1,134.$

a$.$ What rate of return did Julie earn on her investment? Round your answer to two decimal places.

$\%$

b$.$ What were the dividend yield and the capital gains yleld associated with holding the stock? Round your answers to two decimal places.

Dividend yield: $\%$

Capital gains yield: $\%$