Today,you sold 200 shares of Indian River Produce stock.Your total return on these shares is 6.2 percent.You purchased the shares one year ago at a price of $31.10 a share.You have received a total of $100 in dividends over the course of the year.What is your capital gains yield on this investment?
A) 3.68 percent
B) 4.59 percent
C) 5.67 percent
D) 7.26 percent
E) 7.41 percent
Correct Answer:
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