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A year ago, considering real estate boom and high inflation, a Pension Fund invested $10,000,000 in the Lennar Corporation (home builders) common stock. At that
A year ago, considering real estate boom and high inflation, a Pension Fund invested $10,000,000 in the Lennar Corporation (home builders) common stock. At that time, the price of the stock was $103.80. During the year, the Pension fund received $1.50 per share in dividends and decided to exit the position today, at $76.90 current price.
What is the Pension Fund's Capital Gain Yield?
Group of answer choices
a) 0
b) 1.44%
c) -25.9%
d) -24.5%
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