lilchannelll9711 lilchannelll9711

16-07-2020
Business

contestada

"You purchased GARP stock one year ago at a price of $68.54 per share. Today, you sold your stock and earned a total return of 18.91 percent. The stock paid dividends of $3.04 per share over the year. What was the capital gains yield on your investment

Respuesta :

thomasbotkin thomasbotkin

16-07-2020

Answer:

$6.66

Explanation:

18.91% of $68.54 is around $3.62. You would add that to $3.04 to get $6.66, which is the capital gains you received on your investment.This is just for one share/stock.

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