Question
Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15 per share during the year, and had an ending
Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15 per share during the year, and had an ending share price of $78.
a.Compute the percentage total return.(A negative answer should be indicated by a minus sign.Do not round intermediate calculations and enter your answeras a percent rounded to 2 decimal places, e.g., 32.16.)b.What was the dividend yield?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimalplaces, e.g., 32.16.)c.What was the capital gains yield?(A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answeras a percent rounded to 2 decimal places, e.g., 32.16.)
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