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The Toy Chest pays an annual dividend of $4.80 per share and sells for $93.20 a share based on a market rate of return of

The Toy Chest pays an annual dividend of $4.80 per share and sells for $93.20 a share based on a market rate of return of 15 percent. What is the capital gains yield?

a) 7.35 percent

b) 7.78 percent

c) 9.23 percent

d) 9.85 percent

e) 10.00 percent

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