Suppose a stock had an initial price of $80 per share,paid a dividend of $1.35 per share during the year,and had an ending share price of $87.What was the capital gains yield?
A) 1.55 percent
B) 1.69 percent
C) 8.05 percent
D) 8.75 percent
E) 10.44 percent
Correct Answer:
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