Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You bought a stock one year ago for $ 5 0 . 3 9 per share and sold it today for $ 5 6 .

You bought a stock one year ago for $50.39 per share and sold it today for $56.17 per share. It paid a $1.58 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?

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

Finance Applications and Theory

Authors: Marcia Cornett

4th edition

1259691411, 978-1259691416

More Books

Students also viewed these Finance questions