Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The BHP stock price is $15.50. It will pay its next semi-annual dividend of $0.46 per share in 6 months. The dividend is expected to
The BHP stock price is $15.50. It will pay its next semi-annual dividend of $0.46 per share in 6 months. The dividend is expected to grow by 1% every 6 months (1% as an effective semi-annual rate). What is the total return, dividend yield, and capital return on the stock (listed in that order)? You may express them all as effective 6 month rates. Select one:
A. 3.968%,2.968%, 1%
B. 3.968%,1%, 1%
C. 3.968%, 1%, 2.968%
D. 4.453%, 2.453%,2%
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