One year ago,you purchased 500 shares of stock at a cost of $10,500.The stock paid an annual dividend of $1.10 per share.Today,you sold those shares for $23.90 each.What is the capital gains yield on this investment?

Name: One year ago,you purchased 500 shares of stock at a cost of $10,500.The stock paid an annual dividend of $1.10 per share.Today,you sold those shares for $23.90 each.What is the capital gains yield on this investment?
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Question

Quizplus · Accepted Answer

[($23.90 × 500) - $10,500)] / $10,500 = 13.81 percent

One Year Ago,you Purchased 500 Shares of Stock at a Cost