Q620
Return to stockholders is 15% and periodic dividend payments are 11.5% then gains on capital are
A.
2.65%
B.
3.50%
AnswerC.
1.30%
D.
4.30%
Answer: Option B
Solution
Answer: Option B
Solution:
Gains on capital = Return to stockholders - Periodic dividend payments = 15% - 11.5% = 3.50%.