Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose that you bought 100 shares of Apple at $100. You sold the stocks at $90 one year later. In the meantime, you received $10
Suppose that you bought 100 shares of Apple at $100. You sold the stocks at $90 one year later. In the meantime, you received $10 cash dividend per share from Apple. (Note: Ignore taxes in your calculations.)
(a) (1 point) What is the dividend yield of your investment?
(b) (1 point) What is the capital gain of your investment?
(c) (1 point) What is the total return to your investment?
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