Doug Baker bought Toronto Dominion stocks for $50 a share one year ago.He sold the stock a year later for $55.50 a share.What was John's capital gains yield?

Name: Doug Baker bought Toronto Dominion stocks for $50 a share one year ago.He sold the stock a year later for $55.50 a share.What was John's capital gains yield?
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The capital gains yield is calculated as (Selling Price - Purchase Price) / Purchase Price. Here, it is ($55.50 - $50) / $50 = $5.50 / $50 = 0.11 or 11%.

Doug Baker Bought Toronto Dominion Stocks for $50 a Share