Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You bought a stock one year ago for $50.00 per share and sold it today for $55.00 per share. It paid a $1.00 per share

image text in transcribed

You bought a stock one year ago for $50.00 per share and sold it today for $55.00 per share. It paid a $1.00 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.) The return that came from capital gain 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

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

Contemporary Financial Management

Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer

1st Edition

017616992X, 978-0176169923

More Books

Students also viewed these Finance questions

Question

Identify reasons for choosing qualitative methods.

Answered: 1 week ago