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3. Roy purchased shares of Ernst stock for $57.32 per share one year ago. The stock pays annual dividends of $ .60 a share. Today,
3. Roy purchased shares of Ernst stock for $57.32 per share one year ago. The stock pays annual dividends of $ .60 a share. Today, he sold all of his shares for $82.50 a share. a. What is the capital gain yield on the investment? b. What is the dividend yield on the investment? c. What is the total percentage return on the investment?
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