Today, you sold 700 shares of RZX stock. Your total return on these shares is 16.2%. You purchased the shares one year ago at a price of $33.40 a share. You received a total of $770 in dividends over the course of the year. What is your capital gains yield on this investment?
A) 9.84%
B) 10.37%
C) 11.42%
D) 11.88%
E) 12.91%
Correct Answer:
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