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One year ago, you purchased 265 shares of stock at a cost of $6,697. The stock paid an annual dividend of $1.46 per share. Today,

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One year ago, you purchased 265 shares of stock at a cost of $6,697. The stock paid an annual dividend of $1.46 per share. Today, you sold those shares for $27.6 each. What is the capital gains yield (in percent) on this investment? Answer to two decimals

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