You just sold 600 shares of Wesley, Inc. stock at a price of $32.04 a share. Last year, you paid $30.92 a share to buy this stock

60.

You just sold 600 shares of Wesley, Inc. stock at a price of $32.04 a share. Last year, you paid $30.92 a share to buy this stock. Over the course of the year, you received dividends totaling $1.20 per share. What is your total capital gain on this investment?    A.  -$618 B.  -$672 C.  $672 D.  $618 E.  $720 Capital gain = ($32.04 - $30.92) × 600 = $672

61.

Last year, you purchased 500 shares of Analog Devices, Inc. stock for $11.16 a share. You have received a total of $120 in dividends and $7,190 from selling the shares. What is your capital gains yield on this stock?    A.  26.70 percent B.  26.73 percent C.  28.85 percent D.  29.13 percent E.  31.02 percent Capital gains yield = [($7,190/500) - $11.16]/$11.16 = 28.85 percent

62.

Today, you sold 200 shares of Indian River Produce stock. Your total return on these shares is 6.2 percent. You purchased the shares one year ago at a price of $31.10 a share. You have received a total of $100 in dividends over the course of the year. What is your capital gains yield on this investment?    A.  3.68 percent B.  4.59 percent C.  5.67 percent D.  7.26 percent E.  7.41 percent Capital gains yield = .062 - [($100/$200)/$31.10] = 4.59 percent