Last year julie johnson bought one share of common stock


Last year, Julie Johnson bought one share of common stock for $950. During the year,Julie received $47.50 dividend. Earlier today, she sold the stock fo $988. (a) what rate of return did Julie earn on her investment? (b) what were the (1) dividend yield and (2) the capital gains yield associated with holding the stock?

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Financial Management: Last year julie johnson bought one share of common stock
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