Question
Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending
Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $58.
a,Compute the percentage total return.(A negative answershould be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b.What was the dividend yield and the capital gains yield?(A negative answershould be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
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