Terry Corporation
One year ago, Jason purchased 50 shares of Terry Corporation stock at $20 per share. Today, one year later, the stock pays a $2 per share dividend and the price is now $22 per share.
-Refer to Terry Corporation.What is the capital gains yield on the investment for the one year?
A) 9.09%
B) 10.00%
C) 18.18%
D) 20.00%
Correct Answer:
Verified
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