Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You bought a stock one year ago for $49.13 per share and sold it today for $58.03 per share. It paid a $1.49 per share

image text in transcribed

You bought a stock one year ago for $49.13 per share and sold it today for $58.03 per share. It paid a $1.49 per share 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.)

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_2

Step: 3

blur-text-image_3

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

The Handbook Of Financial Communication And Investor Relations

Authors: Alexander V. Laskin

1st Edition

1119240786, 978-1119240785

More Books

Students also viewed these Finance questions

Question

1. What are the peculiarities of viruses ?

Answered: 1 week ago

Question

Describe the menstrual cycle in a woman.

Answered: 1 week ago

Question

Explain methods of metal extraction with examples.

Answered: 1 week ago