The Toy Chest will pay an annual dividend of $2.64 per share next year and currently sells for $48.30 a share based on a market return of 11.67 percent. What is the capital gains yield? Can the calculator and excel solution be provided?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter13: Other Financing Alternatives
Section: Chapter Questions
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The Toy Chest will pay an annual dividend of $2.64 per share next year and currently sells for $48.30 a share based on a market return of 11.67 percent. What is the capital gains yield?

Can the calculator and excel solution be provided?

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