Use the table for the question(s)below.
Consider the following price and dividend data for Ford Motor Company:

-Assume that you purchased Ford Motor Company stock at the closing price on December 31,2004 and sold it after the dividend had been paid at the closing price on January 26,2005.Your capital gains rate (yield)for this period is closest to:

Question

Use the table for the question(s)below.
Consider the following price and dividend data for Ford Motor Company:
 
-Assume that you purchased Ford Motor Company stock at the closing price on December 31,2004 and sold it after the dividend had been paid at the closing price on January 26,2005.Your capital gains rate (yield)for this period is closest to:

Quizplus · Accepted Answer

The capital gains yield is calculated by taking the difference between the selling price and the purchase price, divided by the purchase price. The negative yield indicates a loss, and -8.80% is closest to the actual capital gains yield for this period.

Use the Table for the Question(s)below