One year ago,you purchased 300 shares of stock at a cost of $6,000.The stock paid an annual dividend of $1.10 per share.Today,you sold those shares for $22.50 each.What is the capital gains yield on this investment?
A) 9.96 percent
B) 10.52 percent
C) 12.50 percent
D) 13.81 percent
E) 14.75 percent
Correct Answer:
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