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liraira [26]
3 years ago
10

One year ago, Stacey purchased 100 shares of KNF stock for $3,245. Today, she sold those shares for $35.00 per share. What is th

e capital gains yield on this investment if the dividend yield is 1.4 percent?
Business
1 answer:
Nataly [62]3 years ago
3 0

Answer:

7.86%

Explanation:

The computation of the capital gain yield on the investment is shown below:

As we know that

Capital gains yield is

= (Selling price per share × number of shares purchased) ÷ (Stock value) - 1

= $3,500 ÷ $3,245 - 1

= 0.07858

= 7.86%

We simply applied the above formula so that the capital gain yield could come and the same is to be considered

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Answer:

$4,350

Explanation:

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7 0
9 months ago
A good file system depends on easy retrieval of information, so it is important that _______.
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Answer:

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2 years ago
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RoseWind [281]

Answer:

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