Last year julie johnson bought one share of common stock, Ask an Expert

Finance

Last year, Julie Johnson bought one share of common stock for $950. During the year, Julie received a $47.50 dividend. Earlier today, she sold the stock for $988.

(a) What rate of return did Julie earn on her investment?

(b) What were the

(1) dividend yield and

(2) the capital gains yield associated with holding the stock?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92203895

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