Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose a stock had an initial price of $99 per share, paid a dividend of $3.00 per share during the year, and had an ending

Suppose a stock had an initial price of $99 per share, paid a dividend of $3.00 per share during the year, and had an ending share price of $79.00. Compute the percentage total return. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Percentage total return % =

What was the dividend yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Dividend yield %=

What was the capital gains yield? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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

International Trade Finance

Authors: Tarsem Bhogal, Arun Trivedi

2nd Edition

303024542X, 9783030245429

More Books

Students also viewed these Finance questions

Question

Describe the specific situation in one or two paragraphs.

Answered: 1 week ago

Question

What is short-selling and is it legal?

Answered: 1 week ago