Asked by Justin Paquet on Apr 26, 2024

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Gabriel received $200 of income from an investment during the past year. This represents an income yield of 4%. If the capital gain yield for the year was 10%, what was the value of the investment (not including income) at the end of the year?

Income Yield

The earnings generated and realized on an investment over a particular period of time, typically expressed as a percentage of the investment's cost.

  • Evaluate the total return on investment, taking into account the income yield alongside the capital gain yield.
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ME
Morgan EllisApr 29, 2024
Final Answer :
$5500.00