You purchased a companys stock one year ago and paid $45.00 per share. The stock pays quarterly dividends of $0.85 per share. Today, the stock is worth $47.00 per share. What is the capital gains yield from this investment?

a. 4.26 percent

b. 4.44 percent (correct answer)

c. 7.56 percent

d. 7.23 percent

B is the right answer please show the procedure