Suppose you bought 1,100 shares of stock at an initial price of $46 per share.
Question # 00101008
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Updated on: 09/05/2015 08:30 PM Due on: 10/05/2015
Suppose you bought 1,100 shares of stock at an initial price of $46 per share. The stock paid a dividend of $.46 per share during the following year, and the share price at the end of the year was $41.
Compute your total dollar return on this investment. What is the capital gains yield? What is the dividend yield? What is the total rate of return on the investment? |
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Solution: Suppose you bought 1,100 shares of stock at an initial price of $46 per share.