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Consider a stock with a beginning of the year price of 21. The stock's dividends and...

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Finance

Consider a stock with a beginning of the year price of 21. Thestock's dividends and quarterly stock price are as follows:

QuarterDividendEnd of period stock price.
1123
2222
3122
4122

The effective annual yield on this stock is ____________.

Answer & Explanation Solved by verified expert
4.0 Ratings (723 Votes)
Quarter 1 Rate of Return r1 Ending Price Dividend Beginning Price Beginning Price Rate of Return r1 23 1 21 21 Rate of Return r1 01429    See Answer
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Consider a stock with a beginning of the year price of 21. Thestock's dividends and quarterly stock price are as follows:QuarterDividendEnd of period stock price.1123222231224122The effective annual yield on this stock is ____________.

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