On January 1 of the current year, the price of a stock is $42.50, whereas on December 31 of the current year, the price of the stock is $48.78. Determine the capital gain yield of the stock.
A. 13.25%
B. 14.78%
C. 15.14%
D. 16.33%
E. 17.49%
Answer: B
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