Suppose a Stock Had an Initial Price of $74 Per

question 51

Multiple Choice

Suppose a stock had an initial price of $74 per share,paid a dividend of $0.80 per share during the year,and had an ending share price of $77.What was the capital gains yield?

• A)2.70 percent
• B)3.29 percent
• C)3.78 percent
• D)4.05 percent
• E)4.94 percent