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Investment Yeild 1 answer below » yesterday dayne sold the 250 shares of the Johnson & Johnson stock that he owned for $61 per share. When he purchased the stock two years ago, dayne paid
$59.50 per share. Every three months during the time that he held the stock, dayne received a quarterly dividend equal to $.50. (a) what return yield did dayne
earn during the two years that he held J$J? (b) if the price of the stock was $63 per share one year ago, what return did dayne earn each year he held the stock?
(problem worked out if possible) Jan 10 2014 10:05 AM
