Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You bought a stock one year ago for $49.57 per share and sold it today for $55.94 per share. It paid a $1.71 per share
You bought a stock one year ago for $49.57 per share and sold it today for $55.94 per share. It paid a $1.71 per share dividend today. a. What was your realized return? b. How much of the return came from dividend yield and how much came from capital gain? a. What was your realized return? The realized return was %. (Round to two decimal places.) b. 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 two decimal places.) The return that came from capital gain is 0% (Round to two decimal places.)
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