Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose a stock had an initial price of $86 per share, paid a dividend of $1.80 per share during the year, and had an ending
Suppose a stock had an initial price of $86 per share, paid a dividend of $1.80 per share during the year, and had an ending share price of $74. |
Compute the percentage total return. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. (e.g., 32.16)) |
Total return | % |
What was the dividend yield and the capital gains yield? (Negative amounts should be indicated by a minus sign. 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
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