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:
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:
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
Problem 2PROB
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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.
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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: %
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