Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose you bought 1 4 0 securities for $ 3 2 . 4 6 per security, which will pay you $ 1 . 0 2

Suppose you bought 140 securities for $32.46 per security, which will pay you $1.02 per security in income per year. If these securities can be sold for $54.02 per security after one year, what is your capital gains yield?
[Enter the answer in as a percent (e.g.5.55%=5.55)- not a decimal]

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_2

Step: 3

blur-text-image_3

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

Mathematics Of Finance

Authors: Robert Brown, Steve Kopp, Petr Zima

8th Edition

0070876460, 978-0070876460

More Books

Students also viewed these Finance questions

Question

1. Walk to the child, look into his or her eyes.

Answered: 1 week ago

Question

Summarise the scope of HRM and the key HRM functions

Answered: 1 week ago