Exam (elaborations)
Fin 320 Final Exam
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You purchased a stock at a price of $42.90. The stock paid a dividend of $1.59 per share and the stock price at the end of the year is $48.55. What is the capital gains yield? - Answer- Capital gains yield = ($48.55 - 42.90)/$42.90 Capital gains yield = .1317, or 13.17% Suppose a stock had an i...
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