Question
Suppose a stock had an initial price of $85 per share, paid a dividend of $1.60 per share during the year, and had an ending
Suppose a stock had an initial price of $85 per share, paid a dividend of $1.60 per share during the year, and had an ending share price of $72.00.
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: David Spiceland, Wayne Thomas, Don Herrmann
4th edition
1259307956, 978-1259307959
