Suppose that one quarter ago, XYZ stock sold for $50.89. Over the next quarter it had a capital gain yield of 7.84% and a dividend yield of 2.72% (the dividend was just paid today). What was the selling price immediately after the most recent dividend was paid?

Answer rating: 100% (QA)

Step 14 The following formula is used to determine the selling price immediately fol... View the full answer