Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the capital gains yield on this investment if you had invested in it one year ago? you purchased 2 4 5 shares for

What is the capital gains yield on this investment if you had invested in it one year ago?
you purchased 245 shares for $13,500.
you sold those for $52 per share
dividends yield is 1.1 percent
-5.96 percent
3.10 percent
None of the choices are correct.
-3.7 percent
5.63 percent
image text in transcribed

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

Step: 3

blur-text-image

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

Portfolio Performance Measurement And Benchmarking

Authors: Jon Christopherson, David Carino, Wayne Ferson

1st Edition

0071496653, 978-0071496650

More Books

Students also viewed these Finance questions

Question

What is RAM as far as telecommunication is concerned?

Answered: 1 week ago

Question

Question 1: What is reproductive system? Question 2: What is Semen?

Answered: 1 week ago

Question

Describe the sources of long term financing.

Answered: 1 week ago

Question

6. How do histories influence the process of identity formation?

Answered: 1 week ago