McCoy Paid a One-Time Special Dividend of $3

question 12

Multiple Choice

McCoy paid a one-time special dividend of $3.20 on 18 October 2012. Suppose you bought McCoy stock for $47.00 on 18 July 2012, and sold it immediately after the dividend was paid for $63.32. What was your capital gain yield from holding McCoy?

• A) 41.5%
• B) 4.15%
• C) 6.8%
• D) 34.7%

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