Question: Using the data in the table to the right, calculate the dividend yield and your capital gain from investing in the stock from January 1
Using the data in the table to the right, calculate the dividend yield and your capital gain from investing in the stock from January 1 to December 31 Dividend Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $31.02 $31.78 $28.53 $32.53 $38.86 $42.23 $0.21 $0.17 $0.21 $0.21 Calculate the return for each subperiod below: (Round to five decimal places. Note: Input dividend yield and capital gain as decimal numbers.) Date Price (5) Dividend Yield Capital Gain Dividend (5) 0.21 Feb 5 31.78 28.53 32.53 May 14 Aug 13 0.17 0.21 38.86 0.21 Nov 12 Dec 13 42.23 0.00 The dividend yield will be % (Round to two decimal places.) The capital gain will be ), (Round to two decimal places)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
