What was dividend yield and capital gains yield

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Reference no: EM132046522

1. You're prepared to make monthly payments of $350, beginning at the end of this month, into an account that pays 11 percent interest compounded monthly.

How many payments will you have made when your account balance reaches $23,747? (Do not round your intermediate calculations.)

2. Suppose a stock had an initial price of $68 per share, paid a dividend of $2.00 per share during the year, and had an ending share price of $80.

What was the dividend yield and the capital gains yield? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Reference no: EM132046522

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