Last year, Julie Johnson bought one share of common stock for $950. During the year, Julie received a $60.50 dividend. Earlier today, she sold the stock for $976. 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 $950. During the year, Julie received a $60.50 dividend. Earlier today, she sold the stock for $976.

  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:   _______ %

Last year, Julie Johnson bought one share of common stock for $950. During the year, Julie received a $60.50 dividend. Earlier today, she sold the stock
for $976.
a. What rate of return did Julie earn on her investment? Round your answer to two decimal places.
%
b. 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:
%
Transcribed Image Text:Last year, Julie Johnson bought one share of common stock for $950. During the year, Julie received a $60.50 dividend. Earlier today, she sold the stock for $976. a. What rate of return did Julie earn on her investment? Round your answer to two decimal places. % b. 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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