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Tom bought a share in Hab Inc. for $48.95 one year ago. The stock paid a quarterly dividends of $1.55 throughout the year. Calculate the
Tom bought a share in Hab Inc. for $48.95 one year ago. The stock paid a quarterly dividends of $1.55 throughout the year. Calculate the capital gain yield if the stock is selling for $53.21 today. State your answer as a devimal and round up to the nearest four decimal places. (4 marks)
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