1. Sawyer Corporation's 2015 sales were $14 million. Its 2010 sales were $7 million.
At what rate have sales been growing? Round your answer to two decimal places. %
Suppose someone made this statement: "Sales doubled in 5 years. This represents a growth of 100% in 5 years, so, dividing 100% by 5, we find the growth rate to be 20% per year." Is the statement correct?
2. You bought a stock one year ago for $51.52 per share and sold it today for $44.45 per share. It paid a $1.31 per share dividend today.
a. What was your realized return?
b. How much of the return came from dividend yield and how much came from capital gain?