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Steve bought a stock 1 month ago and sold the stock today at price $237. Steve realized from this inv a capital gains yield of

Steve bought a stock 1 month ago and sold the stock today at price $237. Steve realized from this inv a capital gains yield of 6% and a dividend yield of 2%. What was the initial purchase price of the stock one month ago (to the nearest first decimal)?

A.

$ 256.0

B.

$ 251.2

C.

$ 219.4

D.

$ 232.4

E.

$ 223.6

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