Today, you sold 300 shares of Royal Bank of Canada (RY) stock. Your total return on these shares is 50.48%. You purchased the shares one year ago at a price of $80.72 per share. You received a total of $1,248 in dividends over the course of the year.

a)What is your dividend yield on this investment?

b)What is your capital gains yield on this investment?

c)What is the total market value of your shares today?

Answer rating: 100% (QA)

a To calculate the dividend yield we first need to determine the total dividends ... View the full answer