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Suppose you bought 400 shares of stock at an initial price of $55 per share. The stock paid a dividend of $0.32 per share during

Suppose you bought 400 shares of stock at an initial price of $55 per share. The stock paid a dividend of $0.32 per share during the following year, and the share price at the end of the year was $57.

a. What is the capital gains yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

b. What is the dividend yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

c. What is the total rate of return on the investment? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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