One year ago,you bought a stock for $36.48 a share.You received a dividend of $1.62 per share last month and sold the stock today for $41.18 a share.What is the capital gains yield on this investment?
A) 2.86 percent
B) 4.70 percent
C) 12.88 percent
D) 15.62 percent
E) 18.53 percent
Correct Answer:
Verified
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