You purchased 500 common shares of a company for $40.00 per share. The firm recently paid an annual cash dividend of $2.00. If your required return is 9.20%, what is the capital gains yield for the stock (calculate to the nearest whole percentage, e.g. 12)?

Answer rating: 100% (QA)

The total cost of purchasing 500 shares of stock at 4000 per share is Total Cos... View the full answer