Question
You bought a share of bavarian sausage stock for $46.50 at the beginning of the year. During the year the stock paid a $2.75 dividend
You bought a share of bavarian sausage stock for $46.50 at the beginning of the year. During the year the stock paid a $2.75 dividend and at the end of the year it trades at $44.75. What is the capital gain's yield of your investment? The answer says -3.76% but how do you arrive to that answer.
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
