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The Toy Chest Will Pay an Annual Dividend of $2

Question 69

Multiple Choice

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 rate of return of 11.67 percent.What is the capital gains yield?


A) 7.35 percent
B) 7.78 percent
C) 9.23 percent
D) 6.20 percent
E) 4.49 percent

Correct Answer:

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