Today,you sold 800 shares of DeSoto Inc.,for $57.60 a share.You bought the shares one year ago at a price of $61.20 a share.Over the year,you received a total of $500 in dividends.What is your capital gains yield on this investment?
A) -6.03 percent
B) -5.88 percent
C) -4.86 percent
D) 6.25 percent
E) 7.34 percent
Correct Answer:
Verified
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