Need help with b &c Suppose you bought 500 shares of stock...
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Accounting
Need help with b &c
Suppose you bought 500 shares of stock at an initial price of $40 per share. The stock paid a dividend of $0.34 per share during the following year, and the share price at the end of the year was $35. a. Compute your total dollar return qn this investment. Note: A negative value should be indicated by a minus sign. b. What is the capital gains yield? Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. c. What is the dividend yield? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places
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