You purchased 300 shares of Deltona for £44.90 a share.You have received a total of £630 in dividends and £14,040 in proceeds from selling the shares.What is your capital gains yield?
A)4.06%
B)4.23%
C)4.68%
D)8.55%
E)8.91%

Question

Quizplus · Accepted Answer

The capital gains yield is calculated by finding the difference between the selling price and the purchase price, then dividing by the purchase price. The purchase price for 300 shares is 300 * £44.90 = £13,470. The proceeds from selling the shares are £14,040. The capital gain is £14,040 - £13,470 = £570. The capital gains yield is (£570 / £13,470) * 100 = 4.23%.

You Purchased 300 Shares of Deltona for £44