Suppose you bought 1,150 shares of stock at an initial price of $56 per share. The stock paid a dividend of $.66 per share during the following year, and the share price at the end of the year was $51.
a. Compute your total dollar return on this investment. (Negative amount should be indicated by a minus sign. Omit the"$" sign in your response.)
Dollar return
b. What is the capital gains yield? (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. Omit the "%" sign in your response.)
Capital gains yield: _________ %
c. What is the dividend yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)
Dividend yield: ________ %
d. What is the total rate of return on the investment? (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. Omit the "%" sign in your response.)
Total rate of return: ____________ %