Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose you invested $98 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $0.57 today and then you sold
Suppose you invested $98 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $0.57 today and then you sold it for $99. What was your dividend yield and capital gains yield on the investment? O A. 1.02%, 1.12% OB. 0.55%, 1.07% OC. 0.58%, 1.02% OD. 0.58%, 1.07%
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