Question
Suppose a stock had an initial price of $103 per share, paid a dividend of $2.40 per share during the year, and had an ending
Suppose a stock had an initial price of $103 per share, paid a dividend of $2.40 per share during the year, and had an ending share price of $126. |
Requirement 1: |
Compute the percentage total return. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) |
Percentage total return | % |
Requirement 2: |
What was the dividend yield? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) |
Dividend yield | % |
Requirement 3: |
What was the capital gains yield? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) |
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