One year ago, you purchased 500 shares of stock at a cost of $10,500. 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. 13.81 percent
B. 12.49 percent
C. 9.96 percent
D. 14.75 percent
E. 10.52 percent
Answer: A
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