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Shares in Rioja Enterprises were priced at $4.45 at the beginning of the year. At the end of the year the price had dropped to
Shares in Rioja Enterprises were priced at $4.45 at the beginning of the year. At the end of the year the price had dropped to $4.30 and the company had paid a dividend of $0.26. What is the capital gains yield?
A. 5.84%
B. -3.37%
C. 2.47%
D. -0.53%
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