Assume you purchased a share of stock in Verizon communications at the beginning of 2017 for $45.00. A year later the stock was worth $56.86, but during 2017 paid a dividend of $1.98. Calculate the following:
a. Income
b. Capital gain (or loss).
c. Total return
(1) in dollars
(2) As a percentage of the initial investment.
a. The current income received is $(Round to the nearest cent.)
b. The capital gain (or loss) is $] (Enter a loss as a negative number and round to the nearest cent.) c.
(1) The total rotum in dollars is $. (Round to the nearest cent.)
(2) The total return as a percentage of the initial investment is % (Enter as a percentage and round to two decimal places.)
