View the step-by-step solution to:

Suppose a stock had an initial price of $60 per share, paid a dividend of $2.20 per share during the year, and had an ending share price of $49....

This question was answered on Jul 19, 2016. View the Answer

Suppose a stock had an initial price of $60 per share, paid a dividend of $2.20 per share during the year, and had an ending share price of $49.

 

Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

 

  Total return  %  

 

What was the dividend yield and the capital gains yield? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.

Top Answer

............................... View the full answer

pic.PNG

Other Answers

The best way to approach your question... View the full answer

Screen Shot 2016-07-19 at 9.00.13 PM.png

1) Total return = (2.20+49-60)/60 Total return = -14.67% 2)... View the full answer

1) Total return = (2.20+49-60)/60 Total return = -14.67% 2)... View the full answer

Total return = Capital gain + Dividend  = $49-$60 + $2.20 = -$8.80 %age total... View the full answer

see the... View the full answer

gif.gif

This question was asked on Jul 19, 2016 and answered on Jul 19, 2016.

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors and customizable flashcards—available anywhere, anytime.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access or to earn money with our Marketplace.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
  • -

    Flashcards

    Browse existing sets or create your own using our digital flashcard system. A simple yet effective studying tool to help you earn the grade that you want!

    Browse Flashcards