The Toy Chest pays an annual dividend of $4.80 per share and sells for $93.20 a share based on a market rate of return of 15 percent.What is the capital gains yield?
A) 7.35 percent
B) 7.78 percent
C) 9.23 percent
D) 9.85 percent
E) 10.00 percent
Correct Answer:
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