Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You bought a stock one year ago for $48.23 per share and sold it today for $55.38 per share. It paid a $1.72 por shate

image text in transcribed
You bought a stock one year ago for $48.23 per share and sold it today for $55.38 per share. It paid a $1.72 por shate dividend today. How much of the return came from dividend yield and how much came from capital gain? The return that came from dividend yield is % (Round to one decimal place.) The retum that came from capital gain is % (Round to ono decimal place.)

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

More Books

Students also viewed these Finance questions

Question

4 3 8 .

Answered: 1 week ago

Question

Is willing to challenge constructively and be challenged.

Answered: 1 week ago