for $5.00 per share more than his purchase price. He share in dividends. Which one of the following statements is correct in relation to this investment? Multiple Choice O O The capital gains yield is positive. The capital gain would have been less had Elon not received the dividends.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter15: Dividend Policy
Section: Chapter Questions
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Elon Musk purchased Moderna stock one year ago and sold it today for $5.00 per share more than his purchase price. He received a total of $3.60 per
share in dividends. Which one of the following statements is correct in relation to this investment?
Multiple Choice,
The capital gains yield is positive.
The capital gain would have been less had Elon not received the dividends.
The dividend yield is expressed as a percentage of the par value.
The dividend yield is greater than the capital gains yield
Transcribed Image Text:Elon Musk purchased Moderna stock one year ago and sold it today for $5.00 per share more than his purchase price. He received a total of $3.60 per share in dividends. Which one of the following statements is correct in relation to this investment? Multiple Choice, The capital gains yield is positive. The capital gain would have been less had Elon not received the dividends. The dividend yield is expressed as a percentage of the par value. The dividend yield is greater than the capital gains yield
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