Ask Question
11 August, 12:09

Last year, you purchased 400 shares of Analog stock for $12.92 a share. You have received a total of $136 in dividends and $4,301 in proceeds from selling the shares. What is your capital gains yield on this stock?

+2
Answers (1)
  1. 11 August, 12:32
    0
    -$16.78%

    Explanation:

    Given that

    Proceeds from selling the shares = $4,301

    Beginning price = $12.92

    The computation of capital gains yield is shown below:-

    End price per share

    = $4,301 : 400

    = $10.7525 per share

    Capital gains yield = (End price - Beginning price) : Beginning price

    = ($10.7525 - $12.92) : $12.92

    = - $2.1675 : $12.92

    = - $16.78%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Last year, you purchased 400 shares of Analog stock for $12.92 a share. You have received a total of $136 in dividends and $4,301 in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers