Exhibit 19-1.Joanna Robertson bought a share of XYZ Corp.at $200 last year.She was paid a dividend of $30 during the same year.However,the same share is trading at $280 this year. Refer to Exhibit 19-1.Calculate the investment percent yield if Joanna sells the share at $280.
A)70%
B)110%
C)15%
D)55%

Question

Quizplus · Accepted Answer

The investment percent yield is calculated as [(Selling Price - Purchase Price + Dividend) / Purchase Price] * 100. Here, it is [(280 - 200 + 30) / 200] * 100 = 55%.