One Year Ago, You Bought a Stock for $62

Multiple Choice

One year ago, you bought a stock for $62.35 per share.You received a dividend of $1.40 per share last month and sold the stock today for $63.75 per share.What is the capital gains yield on this investment?

A) 1.91 percent
B) -2.30 percent
C) 2.25 percent
D) 2.40 percent
E) -2.40 percent