Question
Suppose a stock had an initial price of $84 per share, paid a dividend of $1.50 per share during the year, and had an ending
Suppose a stock had an initial price of $84 per share, paid a dividend of $1.50 per share during the year, and had an ending share price of $71.50.
a. Compute the percentage total return.
b. What was the dividend yield?
c. What was the capital gains yield?
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
11th Edition
1119594596, 978-1119594598
