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    Exam 1: A Brief History of Risk and Return
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    The Capital Gains Yield Is Equal To
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The Capital Gains Yield Is Equal To

Question 17

Question 17

Multiple Choice

The capital gains yield is equal to:


A) (Pt − Pt + 1 + Dt + 1) / Pt + 1.
B) (Pt + 1 − Pt + Dt) /Pt.
C) Dt + 1/Pt.
D) (Pt + 1 − Pt) /Pt.
E) (Pt + 1 − Pt) /Pt + 1.

Correct Answer:

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