Finley purchased Disney (DIS) shares on January 1, 2014 for $74.88 and sold her position on March 31, 2015 for $104.28. The company pays dividends of $0.23 quarterly with ex-dividend dates on March 31,2014; June 30, 2014; September 30, 2014; December 28, 2014; and March 27, 2015. She also shorted Under Armor (UA) for $55.10 on the same date. She covered her position on September 30, 2014 for $43.49. UA pays no dividends.
a. Compute the two assets’ (DIS’s and UA’s) holding period dollar and percentage returns, their dividends yield, and their capital gains.
b. Compare the two assets’ returns for a common holding period.