Question
Roy purchased shares of Ernst stock for $57.32 per share one year ago. The stock pays annual dividends of $ .60 a share. Today, he
Roy purchased shares of Ernst stock for $57.32 per share one year ago. The stock pays annual dividends of $ .60 a share. Today, he sold all of his shares for $82.50 a share.
a. What is the capital gain yield on the investment?
b. What is the dividend yield on the investment?
c. What is the total percentage return on the investment?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
