Use the Table for the Question(s)below

question 93

Multiple Choice

Use the table for the question(s) below.
Consider the following realised annual returns:

-McCoy paid a one-time special dividend of $3.20 on 18 October 2016. Suppose you bought McCoy stock for $47.00 on 18 July 2016, and sold it immediately after the dividend was paid for $63.32. What was your capital gain yield from holding McCoy stock?

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

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Definitions:

Profitability

The ability of a business to earn a profit, calculated as the difference between its revenue and expenses.

Effective Learning

The process that results in the acquisition of knowledge or skills and the ability to apply them in a way that is productive and enhances performance.

Organizational Culture

The shared beliefs, values, and assumptions that exist in an organization.

Innovative

Pertains to the ability or process of creating new ideas, products, or methods that bring novel solutions to problems or improvements to existing conditions.