Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

you purchased a stock 1 year ago at price 62.45 per share today you sold your stock and earned total return of 18.07 percent the

you purchased a stock 1 year ago at price 62.45 per share today you sold your stock and earned total return of 18.07 percent the stock paid dividends of 2.20 per share over the year what is capital gain yield on your invesment (round 2 decimal pls)

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

Financial Mathematics

Authors: Cacildo Marques

1st Edition

8741574710, 979-8741574713

More Books

Students also viewed these Finance questions