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Chase Bank pays an annual dividend of $1.06 per share on its common stock. One year ago, this stock sold for $48.50 per share. Today,
Chase Bank pays an annual dividend of $1.06 per share on its common stock. One year ago, this stock sold for $48.50 per share. Today, the stock is priced to sell at $31.10 a share. What is the capital gains yield?
$24.96 percent
$29.13 percent
$33.69 percent
$35.88 percent
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