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Steve bought a stock 1 month ago and sold the stock today at price $237. Steve realized from this inv a capital gains yield of
Steve bought a stock 1 month ago and sold the stock today at price $237. Steve realized from this inv a capital gains yield of 6% and a dividend yield of 2%. What was the initial purchase price of the stock one month ago (to the nearest first decimal)?
A. | $ 256.0 | |
B. | $ 251.2 | |
C. | $ 219.4 | |
D. | $ 232.4 | |
E. | $ 223.6 |
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