Problemchase bank pays an annual dividend of 112 per share, Ask an Expert

Accounting

Problem:

Chase Bank pays an annual dividend of $1.12 per share on its common stock. One year ago, this stock sold for $51.50 per share. Today, the stock is priced to sell at $31.70 a share.

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Question: What is the capital gains yield?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91170608

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