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Question
One year ago, you purchased 400 shares of stock at a cost of $8,650. The stock paid an annual dividend of $1.10 per share. Today, you sold those shares for $23.90 each. What is the capital gains yield on this investment?A. 9.96 percent
B. 10.52 percent
C. 12.49 percent
D. 13.33 percent
E. 14.75 percent
Answer
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Related questions
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Q:
Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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Q:
Assume there are 475 million people in the United States, 175 million of which make up the labor force. If 16 million are unemployed, what is the unemployment rate?
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An analyst gathered the following year-end price level data for an economy. What is the economy's annual inflation rate for 2012?A. 3.22%B. 3.42%C. 3.68%D. 3.87%E. 3.92%
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Q:
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Q:
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