Solved

You Purchased 500 Shares of a Stock at a Price

Question 95

Multiple Choice

You purchased 500 shares of a stock at a price of $22.50 per share. One year later, the shares sold for $21 each. At that end of the year, a $1.50 per share dividend was paid.

What is the capital gains yield for the investment?


A) -7.1%
B) -6.7%
C) 0.0%
D) 6.7%
E) 7.1%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents