Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You bought a stock one year ago for $ 5 1 . 0 1 per share and sold it today for $ 5 8 .

You bought a stock one year ago for $ 51.01 per share and sold it today for $ 58.95 per share. It paid a $ 1.63 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 ___%.

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

International Financial Management

Authors: Geert Bekaert, Robert J. Hodrick

1st Edition

0131163604, 9780131163607

More Books

Students also viewed these Finance questions