Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You bought a Fonterra Shareholders Fund (FSF.NZ) stock one year ago for $4.6 per share and sold it today for $6.4 per share. It paid
You bought a Fonterra Shareholders Fund (FSF.NZ) stock one year ago for $4.6 per share and sold it today for $6.4 per share. It paid a $0.2 per share dividend today.
Required:
- What was your realized return?
- How much of the return came from dividend yield and how much came from capital gain?
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