Question
Suppose you invested $45 in TD Bank one month ago. It paid a dividend of $0.60, and you sold it right after the dividend was
Suppose you invested $45 in TD Bank one month ago. It paid a dividend of $0.60, and you sold it right after the dividend was paid for $44.90. What was your dividend yield and capital gains yield on the investment?
A.0.2%, 1.3%
B.1.1%, 0.2%
C.1.1%, 0.2%
D.1.3%, 1.1%
E.1.3% , 0.2%
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
5th Canadian edition
978-1118024492
