One year ago, Stacey purchased 100 shares of KNF stock for $3,245.Today, she sold those shares for $35.00 per share.What is the capital gains yield on this investment if the dividend yield is 1.4 percent?
A) -7.29 percent
B) -7.86 percent
C) 5.96 percent
D) 7.86 percent
E) 7.11 percent
Correct Answer:
Verified
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