Question: Rework Problem 1 assuming the ending share price is $54. In Problem 1 Suppose a stock had an initial price of $61 per share, paid
Rework Problem 1 assuming the ending share price is $54.
In Problem 1
Suppose a stock had an initial price of $61 per share, paid a dividend of $1.40 per share during the year, and had an ending share price of $69. Compute the percentage total return. What was the dividend yield? The capital gains yield?
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