Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose a stock had an initial price of $72 per share, paid a dividend of $1.20 per share during the year, and had an ending

Suppose a stock had an initial price of $72 per share, paid a dividend of $1.20 per share during the year, and had an ending share price of $79.

What was the dividend yield and the capital gains yield? (Round your answers to 2 decimal places. (e.g., 32.16))

Dividend yield %
Capital gains yield %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investments

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

11th Edition

1259277178, 978-1259277177

More Books

Students also viewed these Finance questions

Question

3. Laugh at the right time for the right time.

Answered: 1 week ago

Question

6. Explain what causes unsafe acts.

Answered: 1 week ago