Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose a stock had an initial ptice of $95 per share, paid a dividend of $260 per share during the year, and had an ending

image text in transcribed
Suppose a stock had an initial ptice of $95 per share, paid a dividend of $260 per share during the year, and had an ending share price of $7700 a. Compute the percentage total retum Note: 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. b. What was the dividend yield? Note: Do not round intermediate colculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16. c. What was the capital gains yield? Note: 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

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

The Oxford Handbook Of Sovereign Wealth Funds

Authors: Douglas J. Cumming, Geoffrey Wood, Igor Filatotchev, Juliane Reinecke

1st Edition

0198754809, 978-0198754800

More Books

Students also viewed these Finance questions