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1) Suppose a stock had an initial price of $50 per share, paid a dividend of $.8

ID: 2752317 • Letter: 1

Question

1) Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $60.

Compute the percentage total return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

  Total return

%

2) Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $60.

What was the dividend yield and the capital gains yield? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

  Dividend yield

%

  Capital gains yield

%

1) Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $60.

Explanation / Answer

1)Total return = (P1 -P0 +D) /P0

                     = (60 - 50 + .8) /50

                   = 10.8/50

                    = .216 OR 21.60%

2)Dividend yield = D/P0

                            = .8 /50

                            = .016 OR 1.6%

3)Capital gain yield = (P1- P 0 )/P0

                            = (60-50) / 50

                          = 10/50

                         = .20 OR 20%