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Use the Table for the Question(s) Below -Assume That You Purchased Cockatoo Shares at the Closing Price

question 29

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Use the table for the question(s) below.
Consider the following price and dividend data for Cockatoo Limited:
 Date  Price ($)   Dividend ($)   December 31, 2011 $14.64 January 26, 2012 $13.35$0.10 April 28, 2012 $9.14$0.10 July 29, 2012 $10.74$0.10 October 28, 2012 $8.02$0.10 December 30, 2012 $7.72\begin{array} { l c c } \hline \text { Date } & \text { Price (\$) } & \text { Dividend (\$) } \\\hline \text { December 31, 2011 } & \$ 14.64 & \\\hline \text { January 26, 2012 } & \$ 13.35 & \$ 0.10 \\\hline \text { April 28, 2012 } & \$ 9.14 & \$ 0.10 \\\hline \text { July 29, 2012 } & \$ 10.74 & \$ 0.10 \\\hline \text { October 28, 2012 } & \$ 8.02 & \$ 0.10 \\\hline \text { December 30, 2012 } & \$ 7.72 & \\\hline\end{array}
-Assume that you purchased Cockatoo shares at the closing price on 31 December 2011 and sold it after the dividend had been paid at the closing price on 26 January 2012. Your capital gains rate (yield) for this period is closest to:


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