A financial publication states that Stone Cold stock had a return of 15% last year.If the price of Stone Cold went from $20 to $20.75 over the last year,what was the dividend yield over the last year?

Name: A financial publication states that Stone Cold stock had a return of 15% last year.If the price of Stone Cold went from $20 to $20.75 over the last year,what was the dividend yield over the last year?
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Question

Quizplus · Accepted Answer

.15 = (X + ($20.75 - $20))/$20
$3 = X + $.75
X = $2.25
Dividend yield = $2.25/$20 = .1125

A Financial Publication States That Stone Cold Stock Had a Return