One year ago, you bought a stock for $62.35 per share.You received a dividend of $1.40 per share last month and sold the stock today for $63.75 per share.What is the capital gains yield on this investment?
A) 1.91 percent
B) -2.30 percent
C) 2.25 percent
D) 2.40 percent
E) -2.40 percent
Correct Answer:
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