Answer:
The capital gains yield on this investment is 2.25%
Explanation:
Sale price = 63.75
Purchase price = 62.35
Capital Gain = 63.75 - 62.35 = 1.40
Capital Gain Yield = $1.40 / $62.35
= 0.0225
= 2.25%
The capital gains yield on this investment is 2.25%
The capital gains yield on this investment is 2.25%
Since One year ago, you bought a stock for $62.35 per share. You received a dividend of $1.40 per share last month and sold the stock today for $63.75 per share.
So,
Capital Gain = 63.75 - 62.35 = 1.40
Now
Capital Gain Yield = $1.40 / $62.35
= 0.0225
= 2.25%
learn more about investment here: https://brainly.com/question/24506060
