"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

Question

2 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] · Answer 1 · 2022-01-24T16:56:41+03:00

tankabanditka [31]2 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.