On January 1 of the current year, the price of a stock is $42.50, whereas on December 31 of the current year, the price of the stock is $48.78. Determine the capital gain yield of the stock.

Question

Quizplus · Accepted Answer

The capital gain yield can be calculated using the formula: [(Ending Price - Beginning Price) / Beginning Price] * 100. So, [(48.78 - 42.50) / 42.50] * 100 = 14.78%.

On January 1 of the Current Year, the Price of a Stock