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 $40.18 a share. What is the capital gains yield on this investment?
A) 2.86 percent
B) 3.70 percent
C) 10.14 percent
D) 12.29 percent
E) 14.58 percent
Correct Answer:
Verified
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