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Steve Bought a Share of Toronto Skates Inc

Question 33

Multiple Choice

Steve bought a share of Toronto Skates Inc.three years ago for $45.00.He was paid two annual dividends of $4.50 in the past two years.If the stock price today is $ 48.50, which of the following are the three year's income yield (IY) , capital gain (CGY) , and total return (TR) .


A) IY=7.78%, CGY=20.00%, TR=27.78%
B) IY=20.00%, CGY=9.26%, TR=29.26%
C) IY=20.00%, CGY=7.78%, TR=27.78%
D) IY=7.78%, CGY=9.26%, TR=17.04%

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