Suppose a stock had an initial price of $74 per share,paid a dividend of $0.80 per share during the year,and had an ending share price of $77.What was the capital gains yield?
A) 2.70 percent
B) 3.29 percent
C) 3.78 percent
D) 4.05 percent
E) 4.94 percent
Correct Answer:
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