Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose a stock had an initial price of $101 per share, paid a dividend of $2.30 per share during the year, and had an ending
Suppose a stock had an initial price of $101 per share, paid a dividend of $2.30 per share during the year, and had an ending share price of $123. Requirement 1: Compute the percentage total return. (Do not include the percent sign (%). Round your answer to 2 decimal places. Percentage total return ???% Requirement 2: What was the dividend yield? (Do not include the percent sign (%). Round your answer to 2 decimal places. Dividend yield ???% Requirement 3:What was the capital gains yield? (Do not include the percent sign (%). Round your answer to 2 decimal places. Capital gains yield ???%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started