Last year, Julie Johnson bought one share of common stock for $900. During the year, Julie received a $69.50 dividend. Earlier today, she sold the stock for $922. What rate of return did Julie earn on her investment? Round your answer to two decimal places.   % What were the dividend yield and the capital gains yield associated with holding the stock? Round your answers to two decimal places. Dividend yield:   % Capital gains yield:

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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Last year, Julie Johnson bought one share of common stock for $900. During the year, Julie received a $69.50 dividend. Earlier today, she sold the stock for $922.

  1. What rate of return did Julie earn on her investment? Round your answer to two decimal places.

      %

  2. What were the dividend yield and the capital gains yield associated with holding the stock? Round your answers to two decimal places.

    Dividend yield:   %

    Capital gains yield:   % 

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