One Year Ago,you Purchased 400 Shares of Stock at a Cost

Multiple Choice

One year ago,you purchased 400 shares of stock at a cost of $8,650.The stock paid an annual dividend of $1.10 per share.Today,you sold those shares for $23.90 each.What is the capital gains yield on this investment?

A) 9.96 percent
B) 10.52 percent
C) 12.49 percent
D) 13.33 percent
E) 14.75 percent