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Sergeu [11.5K]
3 years ago
14

"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 1

8.91 percent. The stock paid dividends of $3.04 per share over the year. What was the capital gains yield on your investment
Business
1 answer:
tankabanditka [31]3 years ago
4 0

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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Answer:

TRUE

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The coupon rate for a bond is fixed and is paid by the issuer of the bond to the bondholder. The cash outlay/inflow to the issuer/bondholder is always the same reardless of the market rate.

The effect of the market rate is on the cost to acquire the bond in the secondary market. It do not change the coupon obligation.

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