Question
You purchased 23.00 shares of Bank of America one year ago for $8.35 per share. Today, on share trades for $9.28 and paid a dividend
You purchased 23.00 shares of Bank of America one year ago for $8.35 per share. Today, on share trades for $9.28 and paid a dividend of $1.19 per share.
What is the capital gain rate from holding the stock the past year? What is the dividend yield from holding the stock the past year?
What is the total return for holding the stock the past year? Based on your number of shares purchased, what is the total dollar return of your investment?
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
5th Edition
0131445650, 9780131445659
