You purchased 200 shares of Hypex, Inc. stock for $38.12 a share. You have received a total of $290 in dividends and $8,130 in proceeds from selling the shares. What is your capital gains yield on this stock?
A) 3.8%
B) 4.2%
C) 6.6%
D) 8.0%
E) 10.4%
Correct Answer:
Verified
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